Skills Mismatch Issue in the Labor Market

Avatr
2 min readApr 1, 2024

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The skills mismatch issue in the labour market concerns both employers and employees. The modern world is rapidly changing, and so are the requirements for skills and qualities necessary for a successful career. However, there is often a discrepancy between what is needed in the labour market and what potential candidates can offer.

Today, roughly one in five companies (21%) say their employees’ digital skills are outdated. 77% of managers say their organisations could do more to upskill staff.

One of the reasons for this problem is the rapid development of technology. New technologies create new ways of working and new industries that require corresponding skills.

Undoubtedly, addressing this issue requires a comprehensive approach: it is important to improve the system of recruiting and education to prepare personnel that meet the modern market requirements. Avatr also aims to improve the hiring process by making it as transparent and accessible as possible. Additionally, our system allows candidates not only to create avatrs but also to validate their skills, ensuring that companies can be confident that the candidate meets all their requirements. This will add flexibility and adaptability for both workers and employers, creating a new market and making the hiring process as convenient as possible for users.

The skills mismatch in the labour market is a complex problem, but modern technologies and innovative approaches, such as those used by Avatr, can help address it.

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