The major purpose of this research is to identify nonstructural imbalances (surpluses or shortages) between the qualified labor supply and labor demand in Colombia for 2020 and 2030; as well as to propose elements of strategy for companies to mitigate the adverse effects of the labor mismatch, in order to amend its ability to attract and retain talent. The central argument of the project rests on claiming that in a scenario of no more than 10 years, the supply of skilled labor in Colombia would not be sufficient to (i) clear the market and (ii) meet the aggregate demand for qualified labor, due to generational changes in the demographic reality of the country, the low level of preparation of the available workforce and the high rates of informal workers and businesses.
