Corporate author:
Freedman Consulting (Firm)
Abstract:
This report explores various types of types of labor market matching technology and examines how different users are interacting with these new tools. The report also identifies the benefits and challenges of using these technologies, and surfaces further questions and realities that must be confronted for labor market matching technology to have its greatest impact in the future. Throughout the report, the difficulties facing low- and middle-skill workers are highlighted. The report concludes that, as technological innovations have boosted data collection and processing capabilities in... [+] Show more
This report explores various types of types of labor market matching technology and examines how different users are interacting with these new tools. The report also identifies the benefits and challenges of using these technologies, and surfaces further questions and realities that must be confronted for labor market matching technology to have its greatest impact in the future. Throughout the report, the difficulties facing low- and middle-skill workers are highlighted. The report concludes that, as technological innovations have boosted data collection and processing capabilities in the last decade, tools and platforms using this technology have changed or accelerated how job seekers and employers find each other. Combined with overall labor market trends that see workers changing jobs more frequently and a higher need for more specialized skills, these matching technologies will have a continued and increasing role to play in the labor market far into the future.
Edited excerpts from publisher's website and publication.
The report contains the following sections: Types of labor market matching technology; Interactions with labor market matching technology; Innovations and challenges in labor market matching technology; Institutional roles in labor market matching technology.
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Subjects: Skills and knowledge; Technology; Employment; Outcomes; Literacy; Quality
Keywords: Recruitment; Job searching; Online system; Trend; Future; Skill needs; Technological literacy; Best practice
Published: [New York, New York]: J. P. Morgan Chase, 2017
Physical description: 48 p.
Access item:
https://www.jpmorganchase.com/corporate/Corporate-Responsibility/new-skills-workforce-matching-report.htm