Ensuring pool of employable labour

Maintaining hiring pools
Creating labour pool

Description

Ensuring a pool of employable labour involves implementing targeted education, vocational training, and skill development programs aligned with current and future market needs. This strategy addresses unemployment and skills mismatches by fostering partnerships between industry, government, and educational institutions, promoting lifelong learning, and supporting workforce adaptability. Its practical intent is to maintain a readily available, skilled workforce capable of meeting evolving economic demands, thereby reducing labour shortages and enhancing economic resilience.