Skills Rush: Unveiling the results of the Human Capital Research Project

Earlier this week, the recent findings from the Human Capital Research Project (funded by the HSBC Malta Foundation and supported by The Malta Chamber) were presented to key education stakeholders. These results, presented by AI Expert Prof. Alexiei Dingli together with Economist Prof. Rose Marie Azzopardi, delve into the complex dynamics shaping Malta’s labour market and education system.

Drawing on interviews with employers, unions, and educational institutions, it highlights key issues and opportunities for strategic improvements in workforce development, mainly through upskilling and reskilling initiatives.

In her opening remarks, Dr Marthese Portelli, The Malta Chamber CEO, emphasised that our country needs to overhaul the education system and implement automation strategies to complement our workforce. “A more strategic offering for highly skilled non-EU citizens to fill pressing qualitative skill gaps in the labour market is required, and this needs to be set with clearly defined eligibility criteria including high salary thresholds,” she noted.