Top Issues that Affect the Global Labor Market and How to Fix Them

in #blockchain7 years ago

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Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market stated Janet Napolitano, American politician, lawyer, and president of the University of California. - Brainyquote

If we look at the actual labor market, we may see a multitude of issues that have risen during recent years. Some of these have gained a quite considerable amount of attention in the media while some have been completely neglected. However, the workforce and the economy are two of the strongest components of our modern society. Here, workers, employers, and employees interact. Employers are trying to recruit the most skilled individuals, while workers are constantly competing for the jobs that suit them better and offer the most (or most satisfying) benefits.

The continuous world’s transformation is causing the labor market meet new demands

There is a multitude of problems that influence this market - starting from a overwhelming number of students that graduate each year, a higher demand for specific skills and abilities, to the increasing number of companies that are not impressed anymore by diplomas or complex resumes, more and more employers being in search of more reliable information concerning candidates and so on.

One of the best possible solutions at the moment? Find out more about Skyllz by Workkola*

Designed to create a distributed, meritocratic, transparent and unified platform to assess, validate and empower human skills. - Whitepaper

Understanding what is Workkola

Workkola was designed to function as a collaborative marketplace for students, startups and corporates to connect and work on projects. It operates as a global community built to find, share talent and valuable experiences - merging high education and the startup world in a unique platform. How does it work? From a company point of view, users have to sign up and create a profile - then, they have to post a project. Talented students will then offer help and join the ongoing projects. After the work is completed, startup owners will give feedback regarding the students they have collaborated with.

Students have to signup and complete their profile, choose the project that suits them and then upload the deliverables needed. In the end, they get rewards, incentives and his talent gets validated. Facing various challenges, they improve their portfolio, resume and start building an online reputation, preparing a better landing into the labor market.

Skyllz is a decentralized blockchain protocol, designed to function as a skills-validation platform, inside the global labor market. Its purpose is the creation of a universal and evolving Human Skills Ecosystem that will be able to replace resumes. Some of the advantages that this platform brings are:

  • A faster, more reliable and efficient validation of the skills of its members, through the Ethereum Blockchain
  • The use of a new utility token that allows users to make the most of what the protocol has to offer
  • A better manner to gain new skills, apply them, boost them and get rewarded.
  • An easier way to find jobs/work that suits individuals from all around the world.
  • An efficient tool for startups and companies of all sizes to assess and attracted talented workforce

whitepaper for more info about this new ecosystem it creates.Find out more about Skyllz now at https://skyllz.org! Also, be sure to check out the

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Nice one bro

Hmmm! The applicability of the blockchain technology is endless. Nice one there

This is very informative blog.and awesome writting.I appreciate your thinking.Keep it up

This is awesome and very informative... I'm going to log on to https://skyllz.org right away. thank you so much for sharing ....

I was just planning to write about Skyllz ;) Great article...

Sounds almost like a certification for workers? You can apply for jobs stating that you have you full Skyllz designation and are qualified at a certain level. This will speed up the vetting process exponentially. The tough part is you still need to go through the process of learning about “who” you are hiring. The human factor can never be taken out of this. Character and personality will determine if someone is a good fit for your organization at the end of the day. You can look at 100 people who all helave the same Skyllz and you will need to wade through those murky waters of human traits.


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