We know how valuable language skills are to the workforce and the economy, but it seems like there’s even more evidence now to show that there’s a high price tag attached to the lack of language skills across the English speaking world.
A new report shows that a shortage of translators in Ireland, capable of translating documents into Irish, has cost the government there over €1.5 million since 2007. The department of education was the biggest spender, with the department of social and family affairs also spending significant amounts.
This means that not only are the UK and Ireland both losing out on valuable contracts through the lack of language skills in their workforces (as we reported recently) but this skill shortage is actually costing us a lot of money too. This comes as another report states that around a fifth of UK primary schools could miss a target to offer languages by 2010. Without this pipeline of talent, the situation is going to get even worse.