Skills as a new global currency

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Presentation transcript:

Skills as a new global currency Dr Stephanie Fahey, Lead Partner for Education, Oceania, EY

Summary Introduction Projected global labour gaps 2030 Projected skills gaps in Australia 2030 What does global skills gaps really mean?

Workforce map in 2030: Potential workforce gaps

Projected skills qualifications in Australia Source: ABS (2002, 2006, 2010), Education and Training Experience. http://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/6278.02009?OpenDocument and EY Projections Share of workforce holding post-secondary qualifications

Projected skills demand gap in Australia Number of qualifications in demand

What does global skills gap really mean? What does it mean for… The individual? Industry? Government? Providers?