Vertical and horizontal mismatch in the UK
Posted: Thu Feb 06, 2025 5:25 am
In this post Michela Vecchi and Catherine Robinson share their research looking at skills mismatch in the UK.
The UK job market is becoming increasingly challenging, in part due to the demands of new technologies and the shift to a greener economy. Thus, having greater variety in one’s skill-set is likely to improve an individual’s employment opportunities.
In this environment, university graduates qatar rcs data should fare particularly well as they develop a range of technical, creative and social skills that can help them to find the right job, that is a job where such skills are valued. However, estimates from the ONS reveal that on average 30% of graduates in the UK are overqualified or mismatched, that is they are not employed in graduate jobs.
In our analysis we expand the measurement of mismatch to account for graduates’ field of study and their unobserved skills. The main objective is to address the issue of graduates’ skill heterogeneity and to better understand the nature (and consequences) of skill mismatch. Being in the right job is good for individuals, who will likely earn higher wages and experience higher levels of job satisfaction; it is also good for the economy, as the evidence suggests that a good skill match promotes productivity and innovation performance.
The UK job market is becoming increasingly challenging, in part due to the demands of new technologies and the shift to a greener economy. Thus, having greater variety in one’s skill-set is likely to improve an individual’s employment opportunities.
In this environment, university graduates qatar rcs data should fare particularly well as they develop a range of technical, creative and social skills that can help them to find the right job, that is a job where such skills are valued. However, estimates from the ONS reveal that on average 30% of graduates in the UK are overqualified or mismatched, that is they are not employed in graduate jobs.
In our analysis we expand the measurement of mismatch to account for graduates’ field of study and their unobserved skills. The main objective is to address the issue of graduates’ skill heterogeneity and to better understand the nature (and consequences) of skill mismatch. Being in the right job is good for individuals, who will likely earn higher wages and experience higher levels of job satisfaction; it is also good for the economy, as the evidence suggests that a good skill match promotes productivity and innovation performance.