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Bringing Back Discouraged Workers In The Labor Market
In psychology, one's desire to pursue passion and interest is affected by the presence of opportunities. In the corporate field, oftentimes those who get their desired work at the earlier period of job hunting are most likely to follow their career path. On the other hand, those who wait for a period of time have a tendency look for other options apart from their chosen field. On a macroeconomic perspective, the labor market also faces the same dilemma.
Nowadays, the local workforce is flooded with discouraged workers. Technically, discouraged workers are people who have the capacity, skill, and educational credentials to acquire employment in various industries, but lack the desire to pursue employment.
There are several factors that cause discouragement. The inability to find employment after applying in various companies is one of the causes for discouraged workers. Rejection pulls down one's self-esteem and confidence. The feeling of rejection after being turned down in job interviews smudges hopes for future occupations. Consequently, fear of rejection hinders attempts for employment.
Mismatched skills ...
... to company qualifications also lead to discouragement. There are instances when a person wants to fill in the position in a company vacancy, but lacks the required educational degree. For instance, advertising agencies require applicants and workers (compensation claim management in this industry is low) in their creative team to have a degree in communications for the development of media campaigns. Labor agencies in some countries issue a list of high-demand jobs to colleges and universities to remedy discouragement brought by skill mismatch.
In Western countries, racial discrimination may have already been a passé, but this is one of the factors that discourage workers from searching for employment. In the 1920's, discrimination against Black American workers (compensation claims management between Black and White Americans also vary) became very rampant. This discouraged many skilled Blacks to search for a viable employment. Nevertheless, this issue has already been solved by labor policies supporting Affirmative Action.
The present breakdown of the labor market in the United States, Canada and Australia can be remedied if discouraged workers (compensation claims management is also an issue for workers) will be brought back in the work arena. Governments in these countries are already creating policies to lessen employment discouragement.
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