This report aims to improve our understanding of the causes of skill shortages, the way businesses respond and the short-term consequences of skill shortages. Reponses from small- and medium-sized businesses reveal that skill shortages matter, but that their relationship to firm performance differs according to the nature of the skill shortage. The findings confirm that skill shortages are a complex labour market phenomenon and give rise to complex responses by firms.
SOURCE: Josh Healy, Kostas Mavromaras and Peter J Sloane, “Skill shortages: prevalence, causes, remedies and consequences for Australian businesses”, 20 Feb 2012
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