The issue of unemployment and employability is high on the political agenda. Businesses and citizens alike are facing increasing levels of unemployment as the challenging economic climate continues to hit hard. For the unemployed, being out of work doesn’t mean not wanting to work.
The cost of funding benefits for the unemployed is a drain on already overstretched government budgets. So how can welfare and employment agencies help people find jobs more effectively in order to reduce the welfare budget? Is there a way to support jobseekers far more cost efficiently than is the currently the case?
These are among the questions posed by the recently published Capgemini and Oracle World Jobseeking Report 2012. It offers a global perspective on unemployment and employability and the issues and challenges facing government agencies.
One area of particular concern is the long-term unemployed. Getting these people back to work is a tough nut to crack, but an important one. Why? Because the long-term unemployed (those out of work for two years or more) become four times less able to find a job than those who are looking for a new job while already employed.
The World Jobseeking Report 2012 looks at how different countries are addressing this challenge. In the UK, for example, the Working Links private-public partnership is run on a payment by results model depending on how many people it has helped find and sustain jobs.
In Slovakia, which had the EU’s highest long-term unemployment rate in 2011, the focus is on streamlining the internal operations of the Office of Labor, Social Affairs and Family with a new central Employment Services Management System.
These examples and more are covered in the World Jobseeking Report 2012. To discover how different countries are untangling complex welfare and back-to-work systems, download the Report.