The Northern Ireland Skills Barometer 2023-2033, developed by the Ulster University Economic Policy Centre, says demographic trends and the structure of the labour market indicate a skills undersupply across all qualification levels.
“The latest Skills Barometer underscores the labour market challenges Northern Ireland will face in the decade ahead and the pressing need for continued investment in skills,” he said.
Skills shortage in Northern Ireland projected in coming years Northern Ireland is expected to be short of more than 5,000 workers in the coming years.
Mark Magill, Senior Economist at Ulster University and author of the report, said it provides a “vital evidence base for policymakers, educators, and employers to shape Northern Ireland’s Skills Strategy and drive long-term sustainable economic growth”.
It also found that raising labour force participation will be essential to ensure that businesses have access to a sufficient supply of labour to achieve growth objectives.
