As world markets continue to adjust, governments and businesses need to remain agile and adapt — or risk missing out on significant opportunities that positively impact companies, the economy, and society. New LinkedIn data reveals how a skills-first approach to the labor market, in which people are hired based on skills rather than degrees or certification, can help policymakers and governments create initiatives that strengthen the workforce — while businesses worldwide can benefit from more diverse talent pools and more equitable hiring processes.Skills-first hiring allows companies to keep pace with the changing nature of work. As the necessary skills for jobs evolve, companies can continue to target candidates based on new and dynamic skills requirements rather than static job titles.
By focusing on candidates’ skills instead of their previous job titles, companies can increase their candidate pools to include more gender representation, younger workers, and equitability.
Skills-First: Reimagining the Labor Market and Breaking Down Barriers
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