TVETipedia glossary
Find and compare definitions of key terms that are relevant in TVET policy and themes. Learn more.
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Find and compare definitions of key terms that are relevant in TVET policy and themes. Learn more.
Skills Forecasting is a model to track the evolution of the labour market. The model uses annual data to predict labour market mismatches over a time span of 5 to 10 years. In other words, the model helps determine if the number of persons ready to work (Labour Market Supply) is greater, equal, or lower than the jobs available (Labour Market Demand).