Skills mismatch among older workers
Skills mismatch among older workers

Author(s): Eduard Stöger, Jakob Peterbauer, Markus Bönisch
Subject(s): Labor relations, Socio-Economic Research
Published by: CEPS Centre for European Policy Studies
Keywords: Skills mismatch; older workers; labour market; job satisfaction; skill learning;
Summary/Abstract: Skills are viewed as a major component of knowledge-based economies. On an individual level, skills can support labour market success and can have an effect on earnings and job satisfaction (Hanushek et al., 2014). But skills must be used efficiently to generate these positive labour market outcomes. If this is not the case, skill mismatch occurs. This means that workers either do not meet the skills required at their workplace (under-skilled / over-utilisation) orhave higher skills than needed (over-skilled / under-utilisation).

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