Companies Face Critical Skills Gap as Technology Transforms Work

A widening gap between the skills workers have and those employers need is creating both challenges and opportunities. ## The Gap Surveys show 87% of companies either face skills gaps now or expect to within five years, particularly in digital and AI capabilities. ## Corporate Training Investment Companies are investing record amounts in employee training, with spending up 40% over three years. ## New Approaches Innovative training methods including micro-credentials, on-the-job learning, and AI-powered personalized education are showing promise. ## Policy Implications The skills gap is driving calls for education system reform and expanded public-private partnerships in workforce development.