Using technology to crowbar a rusty labour market.

by | Nov 19, 2019 | Blog | 0 comments

Blue collar, white collar; no-one can escape the transformation of jobs. The question is: how will we adapt?

Why we started Headminer

Blue collar, white collar; no-one can escape the transformation of jobs. Technology is changing the world around us at breakneck speed. Our jobs need to follow that pace and evolve. Modernise, digitalise, automise… all jobs, in all industries.

Working people need to adapt. Be flexible. Be agile. So how bizarre is it that the labour market hasn’t evolved accordingly for decades now?

Temporary unemployment as a symptom for an ailing labour market

A shining example of that today is temporary unemployment. A company faces a crunch and production slows down (or is paused completely). That can be a result of a sluggish economy, a factory fire, a heat or cold wave, a strike at an important supplier, a Corona virus, etc. In that case companies can introduce temporary unemployment: personnel stops working or works less and receives temporary unemployment benefits – full or partial.

In principle temporary unemployment is a welcome safety net for people that fall without a job. But when we look at the bigger picture it puts another lock on our labour market as unemployment gets picked over employment. This is symptomatic of an ailing job market.

Because where company X faces a slump and sends its staff home, company Y down the road may be desperately looking for personnel. People with similar skills as the people from company X that are now sitting at home, unemployed. Wouldn’t it make sense for those workers to step into the breach at company Y? Good for the economy, good for the people that can keep working and receive a full salary, good for the public purse that has to pay out less welfare benefits. And good for business. Company Y can grow, while company X will get back more experienced employees with new skills. Yet this obvious solution is simply not possible. Until now.

Monogamy is dead

The time when people would spend their entire adult lives working for just one company and one boss is gone. Nowadays people change jobs much more frequently. From monogamy to serial monogamy as it were. But perhaps it’s time to take it a step further. Freelancers today tend to work a few days per week for client A, and a few days for client B. This way, companies are able to manoeuvre and scale up or down more quickly – a must in a digital age with demanding customers. Why shouldn’t that be possible for a much larger group of employed? The sharing economy is conquering one industry after another. Why shouldn’t companies be able to share employees?

Technology today is perfectly adept to organize this practically. A smart digital platform like Headminer can perfectly match demand and supply. To the level of days, or even hours. The main hurdle for a modern and efficient labour market is the mindset of its companies and suppliers (the middle men). Extremely user friendly technology can accelerate this change, and help to break open our rusty labour market.

James, the crowbar!

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