Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List

Many emerging economies have skills shortages but fail to effectively deploy students andjob seekers towards filling those shortages. In emerging economies, new technologies,digitization, automation, and other trends like Industry 4.0 result in a c...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Malaysia 2019
Subjects:	LABOR MARKET LABOR SKILLS OCCUPATION LABOR SUPPLY LABOR FORCE PARTICIPATION LABOR SKILLS DEVELOPMENT
Online Access:	http://documents.worldbank.org/curated/en/877271568138256963/Monitoring-Occupational-Shortages-Lessons-from-Malaysias-Critical-Occupations-List http://hdl.handle.net/10986/32413

id	okr-10986-32413
recordtype	oai_dc
spelling	okr-10986-324132021-05-25T09:27:51Z Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List World Bank Group LABOR MARKET LABOR SKILLS OCCUPATION LABOR SUPPLY LABOR FORCE PARTICIPATION LABOR SKILLS DEVELOPMENT Many emerging economies have skills shortages but fail to effectively deploy students andjob seekers towards filling those shortages. In emerging economies, new technologies,digitization, automation, and other trends like Industry 4.0 result in a constantly changing demandfor sophisticated skills. In this environment, there are often students and job seekers who couldpotentially fill skills gaps but face significant challenges in identifying job opportunities andthe skills needed to obtain them. The schools, training centers, and public service providers thatare responsible for preparing the workforce to fill skills gaps often face similar challenges in terms of deploying attention and resources towards filling those gaps. In Malaysia, the Critical Skills Monitoring Committee (CSC) is charged with producing a Critical Occupations List to serve as a platform for coordinating human capital development policies. The CSC is a specialized interagency body that was established as part of the Eleventh Malaysia Plan to monitor skills imbalances in Malaysia. To do so, the CSC created an annual Critical Occupations List (COL) of occupations that are middle- or highskilled, sought-after, and strategic. The COL has evolved during the last several years to become a best-practice tool for monitoring skills. The COL is updated regularly and improved continually, is based on rigorous evidence, and is widely circulated. The production of the list is undertaken by the CSC and incorporates a wide range of input from both the public and private sector. 2019-09-18T20:13:54Z 2019-09-18T20:13:54Z 2019-09-01 Report http://documents.worldbank.org/curated/en/877271568138256963/Monitoring-Occupational-Shortages-Lessons-from-Malaysias-Critical-Occupations-List http://hdl.handle.net/10986/32413 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Malaysia Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Malaysia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	LABOR MARKET LABOR SKILLS OCCUPATION LABOR SUPPLY LABOR FORCE PARTICIPATION LABOR SKILLS DEVELOPMENT
spellingShingle	LABOR MARKET LABOR SKILLS OCCUPATION LABOR SUPPLY LABOR FORCE PARTICIPATION LABOR SKILLS DEVELOPMENT World Bank Group Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
geographic_facet	East Asia and Pacific Malaysia
description	Many emerging economies have skills shortages but fail to effectively deploy students andjob seekers towards filling those shortages. In emerging economies, new technologies,digitization, automation, and other trends like Industry 4.0 result in a constantly changing demandfor sophisticated skills. In this environment, there are often students and job seekers who couldpotentially fill skills gaps but face significant challenges in identifying job opportunities andthe skills needed to obtain them. The schools, training centers, and public service providers thatare responsible for preparing the workforce to fill skills gaps often face similar challenges in terms of deploying attention and resources towards filling those gaps. In Malaysia, the Critical Skills Monitoring Committee (CSC) is charged with producing a Critical Occupations List to serve as a platform for coordinating human capital development policies. The CSC is a specialized interagency body that was established as part of the Eleventh Malaysia Plan to monitor skills imbalances in Malaysia. To do so, the CSC created an annual Critical Occupations List (COL) of occupations that are middle- or highskilled, sought-after, and strategic. The COL has evolved during the last several years to become a best-practice tool for monitoring skills. The COL is updated regularly and improved continually, is based on rigorous evidence, and is widely circulated. The production of the list is undertaken by the CSC and incorporates a wide range of input from both the public and private sector.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
title_short	Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
title_full	Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
title_fullStr	Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
title_full_unstemmed	Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List
title_sort	monitoring occupational shortages : lessons from malaysia's critical occupations list
publisher	World Bank, Malaysia
publishDate	2019
url	http://documents.worldbank.org/curated/en/877271568138256963/Monitoring-Occupational-Shortages-Lessons-from-Malaysias-Critical-Occupations-List http://hdl.handle.net/10986/32413
_version_	1764476497475665920

Monitoring Occupational Shortages : Lessons from Malaysia's Critical Occupations List

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