SkillsGap

Lloyds Banking Group Undertakes Extensive Audit of IT Staff Technical Skills

1 month ago

In a significant move reflecting the evolving landscape of technology within the financial services sector, Lloyds Banking Group has initiated a comprehensive audit aimed at evaluating the technical skills of its thousands of IT employees. The initiative stems from a growing recognition of the importance of digital competencies in a market that is increasingly reliant on technology-driven solutions.

US Job Market Faces Stiff Challenges as Unemployment Lingers

4 months ago

The United States job market is grappling with a significant rise in long-term unemployment, a trend that could have far-reaching implications for the economy and labor force. Recent data reveals that a considerable percentage of unemployed individuals are struggling to find work for extended periods, raising concerns about the structural integrity of the job market.

India's Skills Gap: A Pivotal Challenge for the Youth and the Economy, Says Finance Minister Sitharaman

5 months ago

In a recent announcement that captured the attention of both economic experts and the general public, India's Finance Minister Nirmala Sitharaman emphasized a pressing issue facing the nation: the significant skills gap among the youth. During a keynote address, she highlighted this gap as one of the primary obstacles to achieving robust economic growth and the emergence of India as a global economic powerhouse.