Wondering how graduate skills are meeting employer expectations? Discover the biggest skills gaps facing employers in the QS 2019 Global Skills Gap Report.
The graduate labor market is suffering from several significant skills gaps with problem solving, resilience, and communication remaining the top three biggest skills gaps.
The recently released QS 2019 Global Skills Gap Report demonstrates the clear misalignment between what competencies employers expect from graduates and the skills graduates actually bring to the table.
By examining the importance employers place on certain skills and then their levels of satisfaction with these skills, we can reveal the skills gaps facing the graduate labor market.
In doing so, this report empowers employers, graduates, and universities to address these issues and nurture skills that are currently sorely lacking.
For employers, the most important skills that graduates need to possess are problem solving, communication, and teamwork.
Whilst students agree that these top three skills are the most important, they do vastly underestimate the importance of data skills and resilience, ranking them in 12th and 13th place respectively compared to employers ranking them in 4th and 5th place.
Additionally, students overestimate the importance of creativity, leadership, and language skills.
Globally, employers had an average satisfaction score of 66 when it comes to graduate skills in the workplace, though this can differ widely depending on industry and country.
In Japan, employers reported extremely low satisfaction with graduate skills with an overall score of 39.
Interestingly, the biggest skills gaps found in Japan were problem solving, leadership, and creativity, differing significantly from the global skills gaps mentioned above.
For employers in the UK, the biggest skills gap by far was resilience with the skill receiving 21 points more than the global gap value, highlighting a critical gap in this category.
In the US, employers report high levels of satisfaction across the board, with each skill receiving equal or higher satisfaction scores than the global averages.
If you’d like to learn more global, regional, and industry-specific insights, download your free copy of the QS 2019 Global Skills Gap Report today.