24-06-2025
- Business
- South Wales Argus
Wales facing UK's highest skills shortages, says report
This is according to the latest Open University Business Barometer, which found that 58 per cent of organisations in Wales are struggling to fill roles.
Despite this, only 31 per cent have schemes in place to recruit, retain or train workers under 25.
Dr Scott McKenzie, assistant director of learning, skills and innovation at The Open University in Wales, said: "The data is clear: there's a mismatch between employer intentions and practical action.
"But there's also a real opportunity here.
"Welsh employers can start by building structured skills plans, work with education providers, invest in flexible training, and opening up opportunities to more diverse talent.
"The organisations who act now – who take learning seriously, at every level – will be the ones who will thrive in the years ahead."
The report highlights a generational disconnect, with 54 per cent of Gen Z respondents in Wales aware of the skills gap, but lacking guidance to become work-ready.
Baroness Martha Lane Fox, chancellor at The Open University, said: "Employers have an incredible opportunity – and responsibility – to shape the future workforce.
"The talent is out there.
"Young people are motivated, they're digitally savvy, and they want to contribute.
"But they need clear training pathways, practical support, and employers willing to invest."
Although 80 per cent of Welsh employers say ED&I is important, a quarter have no initiatives for underrepresented groups.
The report underscores the need for better planning and investment in training to address long-term workforce challenges.