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The exploding skilled labor gap in is not a scarcity problem but one of mismatch and imbalance. The same set of manual skills are oversupplied in certain regions and undersupplied in others. This is why high levels of unemployment and vacancies coexist. The trends suggest that this imbalance will only worsen. The reason is that highly qualified workers remain geographically confined to their local markets for a number of reasons.
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