Retraining is Key for Solving Unemployment 

Coronavirus has impacted the job market significantly. Over 16 million workers in the U.S. filed for unemployment in three weeks alone. However, the virus is not impacting all workers equally. But solving unemployment may be easier than many people believe. Retraining can help people utilize their current skills to adapt to a job in a completely different field.

While millions of people in some industries have been laid off, other sectors, such as healthcare, are thriving. Some organizations have reported that they will hire thousands of new employees as the stay-at-home orders are lifted and more people are shopping online. The healthcare industry is attempting to meet unparalleled demand, solving unemployment for people with certain skills.

As the nation strives to right itself economically, it has to deal with the challenges that have come up as a result of the disproportionate combination of displacement and demand in the job market. Solving unemployment requires employees to take advantage of the new opportunities in the job market. However, individuals might not realize that they can transfer into a different field with some retraining, solving unemployment issues for themselves.

Many people who currently earn low wages can perform work that could bring them a higher income. However, they may have specific skills that are not wide-ranging enough to secure a better position as the job market gets back to normal. They may think solving unemployment is impossible for them.

Getting those employees back to work quickly gives the U.S. an excellent chance of experiencing economic recovery. But are the companies that are hiring, such as healthcare businesses, looking for specific skills?

It turns out that solving unemployment is possible. The most essential job skills do tend to be more general even if you are looking for work in healthcare. For example, if you used communication in your job at a hotel, you could thrive using those same talents in a healthcare office. The most important job skills that employers look for in the healthcare sector and beyond are agility, resilience, the ability to learn, teamwork, verbal communication, empathy and creativity.

But an individual might need new certifications to be eligible for certain jobs. Retraining programs can help people transform their current skills into other roles. Retraining would allow people to get back into the workforce quickly without having to get another degree.

Employers must also be able to identify these proficiencies and determine how they can be applied to their industries. Hiring managers must be open-minded enough to see that a retail cashier’s customer service skills can translate to other sectors.

It helps that skills-based hiring has been trending in the job market since before the coronavirus. Skills-based hiring practices weigh employees’ working knowledge over education. Employers need to continue looking at employees’ capabilities instead of years of experience or schooling history if they want to play a role in solving unemployment.

To do this, companies must be able to recognize how certain abilities can be used among distinct roles. Being able to define and utilize these skills may transform outdated hiring practices. Workers in the job market should have more access to short-term retraining programs to supplement their existing aptitudes. Companies may want to start offering their own retraining programs to secure top talent as people begin looking for work in fields such as healthcare and other essential sectors.

Millions of Americans are unexpectedly back in the job market. They must be able to acknowledge the skills that they have and recognize how they can apply to other fields. Doing this will allow them to optimize their resumes and perform well during the interview process. But they need to be made aware of the retraining opportunities that can help them fine-tune their talents for the changes that may be coming.

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