In a crowd when the escalator doesn’t work, it can still be used as stairs, but in this economic depression, competition more specifically the young people between 21 and 27 are at a disadvantage in finding and maintaining quality jobs, their unemployment rate is three times that of adults. Even though there are many job portals out there. Overall,global unemployment is projected to reach 208 million people in 2023, with an unemployment rate of 5.8%. In this case, even the stairs escalator is unemployed. This unemployment affects the country’s economy as the workforce that could have been gainfully employed to generate resources actually gets dependent on the remaining working population, thus escalating socio-economic costs for the state.
For instance, a 1 % increase in unemployment reduces the GDP by 2 %.
How Can Unemployment Be Sorted?
Unemployment rate = (Unemployed Workers / Total labour force) × 100
The problem of unemployment gives rise to the problem of poverty.
The government suffers an extra borrowing burden because unemployment causes a decrease in production and less consumption of goods and services by the people.
Unemployed persons can easily be enticed by antisocial elements. This makes them lose faith in the democratic values of the country.
Role of Job Portals in Employment Opportunities
Many Job provider platforms are available in today’s fast-moving world, you can find jobs and applyfor jobs on platforms like Naukri, Jobberman, and Monster, and get regular updates about your desired jobs in the domain,
In a recent study report, there are 8.8 million jobs opening all over the world, you can refer to the report online.
To overcome these crucial stages more employment exchanges should be opened. Information regarding employment opportunities should be given to people via media like Social Media (Instagram, Facebook, LinkedIn, X also in TV, News Paper/ Magazines ), also you can start your career as a young entrepreneur and bring world unemployment to good stability by filling its positions.
Get titled with an action as a young entrepreneur?
Start your job portal platform with the motto of connecting the right candidates as top talent how to kickstart? You can reach an enterprise software solution provider and start connecting with candidates by launching your web applications, reviewing their applications, scheduling the interviews, and getting them placed under various categories like Information Technology, Manufacturers, BPO, KPO, Banking and Finance, Telecommunications, Healthcare Companies who are looking for employees regards IT /Non-IT and so on.
How Can I Build a Job Portal Application at the Lowest Price?
When you dream about the web and app job portal, if you develop from scratch it would be costly and take more time to come to the market. But tech giants like BSEtec – a digital solution provider have ready-made Job Plus – Jobberman, Naukri, and Monster Job Portal Script which is a timely and cost-effective script you can customize the script and launch in a shorter span serve as an entrepreneur match as a “ Boss “
What is so Special about Job Plus?
Job Plus – Job Portal script is easy to use and this Job Portal Script includes exclusive productive features like online tutorial tools that enhance its functionality. This job site script has all the advanced functionality to manage your online job portal management system as a recruiter and candidate.
Jobs and applications
Multiple Payment Gateways
Browse the resume/ CVs database
Search and browse the job
Job portal scripts shift from traditional keyword-based searches to skills-based matchmaking. Advanced machine learning algorithms analyze job requirements and candidate profiles to identify the best fit based on skills, experience, and cultural fit. Job Portal Scripts like Job Plus may incorporate more networking and social features to help candidates build professional connections and engage with potential employers. Jobplus – Job portal script includes chat features, virtual career fairs, and integration with professional networking platforms also leverages data analytics to provide insights into job market trends, salary ranges, and demand for specific skills. This information can help job seekers make informed decisions about their career paths.
Overall, The COVID-19 pandemic has accelerated the adoption of remote work. Certain job portal script focuses on providing remote job opportunities. The future of job portals is expected to be shaped by several trends and advancements in technology. To know more you can reach BSEtec to develop your own job-providing platforms providing more personalized, efficient, and flexible job search experiences for candidates, while also offering valuable insights and tools for employers to attract and hire top talent.