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China Sees Skilled Labor Shortages Worsening Amid Tech Push

  • Youth unemployment rising, pointing to jobs-skills mismatch
  • Beijing focuses on training, education in new employment plan
China's Communist Party Vows to Both Grow and Share Economic Pie
Photographer: Qilai Shen/Bloomberg
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China expects shortages of skilled workers will worsen over time as the government develops its high tech industries, focusing attention on the need for better training and education. 

The mismatch between jobs and skills will become the main problem in the labor market, Gao Gao, deputy secretary general of the National Development and Reform Commission told reporters Monday following the release of a new five-year employment plan through 2025. While the share of skilled workers has risen to about 30% of workforce, it remains low compared with other manufacturing powerhouses, he said.