Today the global labor market is on the verge of large-scale changes. Disparities in the labor distribution to the various employment segments continue to increase.
At the same time population of our planet continues growing and in the foreseeable future (keeping the current conditions) this trend will not undergo significant changes. Growth of population occurs mainly at the third world countries, which are traditional suppliers of low-skilled employees for the world labor market, for objective reasons.
This trend makes its significant adjustments to the overall picture of demand and supply in the employment market. How to deal with low-skilled or unskilled personnel, how to help them to join the world labor distribution system productively? These issues are meant to be resolved in the project — Unolabo Skillmarket.
Present and future of the labor market
Lack of skilled workers of industrial specializations, as well as people with special skills make themselves felt. At the same time experts make predictions that by 2020 the global labor market will experience almost 40 million “hunger” for staff with higher education.
Along with these processes a diametrically opposite picture will be observed at another pole of the global labor market. According to forecasts by 2020–2030 the supply of unskilled labor will exceed the potential demand by 90–100 million.
The disproportion is more than visible. In the perspective it means, on the one hand, the market will experience a shortage of personnel with one or another skills and, on the other hand, a multimillion section of low-skilled or unskilled people will remain unclaimed in the world. And for this category of people it will be problematic to find an application for that minimum of skills they have, let alone their improvement and expanding.
Thus the picture in a number of Asian countries is quite illustrative. The local labor market is characterized by increased elasticity. The increased fluidity of not only low-skilled personnel, but even skilled employees has already grown into a rather big problem for Thailand, Indonesia, Malaysia and many other East Asian (and not only) countries.
Growth of staff mobility negatively affects the local labor market. Such a tendency provokes an increase in the gap between different categories of workers. Moreover a considerable number of the working population has an increasing sense of economic and social vulnerability.
The great elasticity of a labor market creates a vicious circle. Employers, seeing how high the employees turnover is, do not find incentives for the organization of programs on developing and improving their skills within the company. On the other hand, the employee also does not see attractive initiatives to develop his abilities as well as acceptable proposals for career development planning and salary increase.
It makes employees look for alternative ways of their own well-being improvement. As a result a considerable part of people of different skill levels found a solution in the freelance branch. That is why this market will develop most dynamically — it could “take in” the majority of those who can not find a place in traditional industries. With the information technology development this trend will only increase.
Knowing and understanding such a market specific Unolabo tries to maximize its benefit.
Freelance — the future of the labor relations
The freelance services branch today is one of the the priority vectors for the modern labor market development. And here people from the developing and poorest countries are very actively involved. What can we say about the less prosperous states, if even in the United States 34% of the population (53 million people) are engaged in the freelancing.
According to the Roosevelt Institute and the Kaufmann Foundation forecasts, by 2040 the role of one permanent job as an employment and decent earnings guarantor will be significantly reduced. Instead the world labor market will be reoriented to provide remote services.
In 20 years the labor market will be a system where the “monogamous” employment concept will take a back seat. Work of many people with different skill levels will be made up of a series of short- and medium-term projects, whose specification and focus can be individually controlled.
In this way people will be mainly engaged in work on projects of different duration: from several weeks/months to a couple of years. Such an approach can ensure the self-employment and entrepreneurship development.
The medium and small business will turn into a serious source of new jobs. And if the number of employers increases, the workers of different qualifications will have much more employment opportunities.
That is why we can say with confidence in the foreseeable future the number of people employed through outsourcing will grow due to a steady increase in interest in short- and medium-term projects, the opening of an increasing number of small companies and the world’s Internet access expansion.
Seeing future in outsourcing and freelancing and being aware of the challenges facing the global labor market today, we offer the world a new solution in the hiring and job search branch — Unolabo Skillmarket.
Unolabo — the next level of freelance
Unolabo Skillmarket is a global freelance platform where each of its participants can act as an employer-customer or an employee-performer.
The “Skillmarket” principle implies the creation of a global database that will contain relevant information about people skills and abilities. Unolabo is not just a skill exchange, it is a detailed system in which its participants will be able to learn new skills, improve an already existing qualification and at the same time earn money with their own skills, train others, provide services, produce and/or sell goods, digital product including.
Here in Unolabo we develop the concept of a “single global window of skills”, which will give our platform participants the opportunity to track and find the most optimal options for themselves on the working conditions/salary level criteria. And our unolabo-freelancer will find options not only for remote work, but also will be able to evaluate promising directions for labor migration both inside the country and abroad.
The users will have the opportunity to independently assess the demand for a particular skill in the local and global labor market in real time. If you want to know where your skills are the most needed and where they are the most paid for, you should try Unolabo.
Inter alia we believe that the Unolabo job search principle will be a great help in solving employment problems for unskilled workers and people with a low education level.
According to various estimates today there are about 800 million unskilled people in the world. Experts think most of them by 2020 will have the opportunity to acquire smartphones with the Internet access due to their global cheapening. And more than 200 million of this category already use the Internet through smartphones. This is the so-called next billion users.
We believe the increasing Internet accessibility through Unolabo will help transform these people from ordinary Web users into the category of world labor market potential participants.
For example. According to one of the largest freelancing services UpWork, all of the world freelance specialists altogether earn about $1 trillion per year. And on the UpWork platform alone their annual earnings are more than $1 billion. Now imagine what will be the effect if you involve at least 30% of the next billion users to freelancing?
Unolabo Skillmarket will be a platform with the most simple and intuitive interface allowing you to quickly join the global labor distribution system making it beneficial for yourself. Our motto is availability to everyone who has a smartphone with minimal functions.
Our team is confident that Unolabo will be able to offer the world the right solutions, helping to reduce the global labor market disparities, improve the overall world employment picture and contribute to the local economy development.