Labour Market & Employment Consulting
Labour markets are an important determinant of economic and organisational performance, yet a glaring disconnect exists between labour markets and national economies. Across all income settings, labour markets are plagued with a myriad of issues, which impact significantly on the productivity of firms and national economies. In all developing and most developed country contexts for instance, there is a mismatch between workforce skills and employer needs and (or) available opportunities. While a majority of unemployed people cannot find jobs, employers have difficulties filling job spaces with relevant skills. In between these extremes is a catalogue of labour related issues, including those resulting from contraction and structural changes to the economy, automation and technological innovation and disease pandemics. All of these hamper countries ability to harness and maximise the full potentials of their workforce to drive economic growth.
SEISMIC provides insights to help leaders and decision makers across the public, private and social sectors understand critical labour market issues, including underlying mechanisms driving observed labour market trends and patterns as well as its correlation to long term economic growth, national development and prosperity. SEISMIC also provides a toolbox of solutions and support to policy makers and other stakeholders working to increase labour force participation, optimise labour market efficiency and implement context appropriate employment creation schemes. Specific areas covered include: