Rapid skill changes scare most Indians - Times of India

BENGALURU: Given today's fast-changing world, as high as 62% of Indian professionals said in a survey by LinkedIn that they felt daunted by the rapid pace of change in skills that are in demand. A high proportion (45%) of those surveyed left organisations because of lack of learning and development opportunities, according to LinkedIn, which surveyed about 5,000 employees and professionals in Australia, India, Japan, and Singapore. And this mismatch between market requirements, labour skills and opportunities is expected to grow more acute in future. By 2020, it is estimated that Asia-Pacific (Apac) will face a labour shortage of 12.3 million workers at an annual opportunity cost of $4.2 trillion. By 2020, it is also expected that 42% of the core skills required for a job will change, LinkedIn said.