Over 172 million people globally were unemployed in 2018. The International Labor Organization expects the global unemployment rate of 5% to remain unchanged over the next few years.
Global unemployment has reached the lowest level in a decade. There is a rise in the mismatch between an individual’s job-related skills and the demands on the job.
The global mobility of skilled professionals can be a solution. But there are multiple challenges to be addressed, from education/training institutions issuing internationally recognisable certifications to lack of visibility of skilled professionals.
This whitepaper discusses how unemployment can be reduced by relevant skills training and verifiable digital certificates.