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How big is the skills gap, really?

Introduction

No doubt you will have noticed, in the past few years, that voices are being raised about something called the “skills gap.” The discussion is not just happening in the U.S. Countries like the UK and India have set government-industry partnership motions in place to try and address this. One such project is from the World Economic Forum, which has developed an initiative called “Closing the Skills Gap.”

But is it real? Is there an actual skills gap? It can’t be for lack of humans to do jobs — the world population is around 7.8 billion as of December 2019. And it can’t be for lack of education, either. Around 1.8% of the U.S. population has a Ph.D., and almost 21% have a bachelor’s degree. As a SHRM report pointed out, in the U.S., “7 million jobs were open in December 2018, but only 6.3 million unemployed … “

However, we then see concerning statistics about the skills gap — such as those from a study by CompTIA, showing that 47% of SMBs see the skills gap growing. In terms of IT security skills specifically, the situation only ever seems to get worse. (ISC)2 recently reported that, globally, the workforce has to grow 145% to meet the skills gap in IT security jobs.

There is a lot of conjecture and surveys looking at the skills gap in IT and security as well as other areas of industry, In this article, I’ll drill down into those studies and see what the situation actually looks like.

What is a skills gap?

Before starting, I’ll set out what we mean by a skills gap.

The skills gap is not unique to the tech or information security industry. As we have (Read more...)

*** This is a Security Bloggers Network syndicated blog from Infosec Resources authored by Susan Morrow. Read the original post at: http://feedproxy.google.com/~r/infosecResources/~3/xxCD0NF-324/