It’s true that unemployment is increasing due to the global recession phenomenon. But in fact, it is also due to other more complex causes. One of the main causes of unemployment that are trending these days are regarding “skill issue”.
What is a skill issue?
This occurs when there is a mismatch between the skills possessed by job seekers and the skills required by employers. In one word, it is a situation where companies have so many job vacancies but only a few are suitable for the position they are applying.
According to Populix, 30% of job seekers realized their educational background didn’t match the job they were applying for. However, 48% applied anyway because they enjoyed the field, and 44% felt more capable in their new field. This means that in the process of getting to learn their educational background, many still lack skills needed in the world of work. Not only on technical skills, but also soft skills such as communication or collaboration, and transferable skills such as time management.
Why are they still lacking when many of them have prestigious educational background?
This is the crucial part, today’s educational approach mainly focuses on memorization and written exams. Many universities and schools assess success based on academic grades, rather than project-based assessments or skills portfolios. Meanwhile, industry requires a workforce capable of adapting, working across teams, and solving practical problems.
“It’s hard to find a job.” they say.
But the reality is, finding the right skills is the hardest part. The world of work changes rapidly, many of us believe we don’t have enough time, if your skills stay stagnant, you will miss out on opportunities that will come to someone else.
Then how do we overcome it?
Good news is, skills can be learned. This is the right time for you to upskill and reskill to remain competitive in a dynamic job market.
Upgrade your skills today—so opportunities don’t pass you by tomorrow.
