The most important changes in the labor market in 2020

ayshakhatunasha

Today, the labor market is changing rapidly. Labor resources are becoming more mobile, employers are becoming more demanding, and production is becoming more technologically advanced. This means that it is time for businesses to implement everything that was previously postponed until better times.

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In this article, we want to share our latest virtual phone number service observations and provide some recommendations to help companies adapt to the new conditions.

What we are seeing now
The structure of the labor market is becoming more complex, and the forms of interaction between companies and personnel are becoming more diverse and flexible. Formal employment is being replaced by alternative forms of employment: freelancing, contracts, and part-time work.
Forbes predicts that by 2027 the number of freelancers will exceed the number of officially employed.

The need to constantly adapt to changing labour market demands has made various forms of continuing education an important part of the job and a key requirement for employees and candidates.
The opportunity to develop and learn is a priority for most employees, who are focused on meeting current market requirements.

The need for professionals with developed soft skills is beginning to grow . The problem with the lack of such skills as critical thinking, flexibility, and solving complex problems is becoming more acute.
Burnout and depression are becoming increasingly common, especially among millennials, fueled by the enormous digital load and constant connectivity.
According to online sources, 70% of millennials have experienced emotional burnout at their current job.



An office worker working from 9 to 18 every day is no longer the norm. Business is moving online. The following factors contribute to this:
a) more and more employers are advocating that employees work not 8 hours a day, but with their heads.

b) the remote work format allows you to hire the best specialists from all over the world or order services on a freelance basis.

c) office rent can be a serious obstacle for small businesses. This expense item can be reduced by working remotely.

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Adapt to new conditions. Change!
Give employees the opportunity to take initiative.
Invest in education.
When recruiting personnel, pay attention to the soft skills of candidates.
Don't be afraid to break up.
Before you change, find out the latest information about the labor market!

The Administrative Resource team consists of consultants with experience in running their own business and developed industry expertise. This helps to understand the specifics and needs of the business, optimize expenses and attract the best specialists who can effectively manage your business !

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