The Hays Global Skills Index 2013 has demonstrated that the efficiency of labour markets is not directly related to the current state of the economy. Our Index shows structural factors have the greatest impact on the efficiency of the labour market. This highlights to employers and governments that policy changes and actions to alter the inefficiencies will create real improvements to labour markets.
We have created three key recommendations to business leaders and policy makers to help develop the talent pipeline and ensure we have the right skills for the future. These are:
- Governments must demonstrate real financial and political commitment to improving the flexibility of labour markets
- Education reform must be developed through close collaboration between governments and the business community
- Businesses need to develop and implement dedicated policies for their youngest and oldest staff.
Chosen excerpts by Job Market Monitor. Read the whole story at
via Global Skills Index | Hays – Recruiting experts worldwide.
Job Market Monitor 
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Posted by Devon | December 9, 2013, 7:06 pm