All over the world, rapid technological advances and the digitization of the workplace are making it harder for employers to find workers with the skills that they require. According to recent data from the OECD, 45 percent of workers surveyed believe that they lack the appropriate skills to perform their work effectively. In Europe, 40 percent of employers reported that they had trouble finding job candidates with the required skills.
The scale of this issue of skilled labor shortage varies from country to country. It is, however, particularly bad for Japan, where 81 percent of firms have difficulty finding qualified workers.