Imagine trying to build a house but realizing halfway through that no one in town knows how to install the new type of wiring you bought. This project creates a smart map that tells companies and governments exactly which skills are missing and where they will be needed next. It's like a weather forecast for the job market, helping people train for the right jobs before the shortage becomes a crisis.
Companies lose productivity and competitiveness because they cannot find workers with the right skills or their current staff lacks necessary digital capabilities. Existing data on these gaps is inconsistent and fails to predict future needs.
A software tool and a Skills Shortage Index that uses big data from online job vacancies to identify and predict skill deficiencies.
If you are a software provider dealing with outdated job matching algorithms — this project developed a Skills Shortage Index and software tool that identifies emerging skills using big data. This allows your platform to predict future hiring needs rather than just reacting to current vacancies.
If you are a training company dealing with low enrollment in courses that are no longer relevant — this project developed a method to detect rapidly growing skills across sectors. You can use this intelligence to design training programs that match the actual needs of the 7 countries involved in the study.
If you are a manufacturer dealing with productivity losses because your staff lacks digital skills — this project developed a way to measure skills gaps within an existing workforce. This helps you pinpoint exactly what your employees need to learn to keep the factory competitive.
Based on available project data, no pricing or licensing costs are mentioned; the project is funded by a EUR 2,666,250 EU contribution.
The project focuses on the European labour market across 7 countries, using large-scale online job vacancy data to ensure the methods are replicable.
Based on available project data, specific IP and licensing terms are not provided in the summary.
The project is developing a software tool and a series of indicators, such as the Skills Shortage Index, designed for use by labour market intelligence professionals.
The project period runs from 2024-06-01 to 2027-05-31, suggesting the final tool will be ready by May 2027.
The consortium is heavily weighted toward academic and research expertise, with 5 universities and 2 research organizations. However, it is led by an SME (Fondazione Giacomo Brodolini) and includes one other industry partner, resulting in a 12% industry ratio. This suggests the output is grounded in strong social science but is being steered toward a practical software application by the SME coordinator.
Contact Fondazione Giacomo Brodolini SRL SB in Italy
Contact us to explore how the Skills Shortage Index can be integrated into your HR tech stack.
