Episode
The "Skills Gap" Myth | How Money Works
- Podcast
- How Money Works
- Published
- Jul 23, 2026
- Duration seconds
- 866
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Summary
The "Skills Gap" Myth š Secure your privacy with Surfshark! Enter coupon code MONEY for 4 months EXTRA at ā https://surfshark.com/money The Market Exit's Video: https://youtu.be/QoFLHx-t-Yk?si=1PnSEbZi7y0BbKBp Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks Uncut videos: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images š© Business Inquiries ā”ļø [email protected] Sign up for our newsletter https://compoundeddaily.com š All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #jobs #business #career There are eight point two MILLION job openings in America right now, and around seven million people actively looking for a job⦠There are also millions of American who have simply given up on even trying to look for a job, but still companies are complaining that they canāt get the people they need⦠There is one reason that has been used time and time again to explain this all. Yep⦠the skills gap⦠There are people looking for work, and jobs on offer⦠but the skills of those people and the requirements of the jobs just donāt line up⦠Itās a simple elegant explanation to a major problem⦠but itās also almost entirely made up⦠The skills gap also known as the skills shortage, or just good old structural unemployment is a convenient excuse for a lot of the major issues in todays job market that are often swept under the rug by businesses, politicians, and even economic statistics. If a hospital is hiring a doctor, but the only pā¦