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The mismatch between good resources (qualified job seekers) and good jobs (appropriate job opportunities) is a significant issue in many labor markets worldwide. This mismatch is often referred to as "skills mismatch" or "talent mismatch." The percentage of this mismatch can vary greatly depending on the region, industry, and economic conditions.
According to the World Economic Forum, around 54% of all employees will require significant reskilling and upskilling by 2022. This highlights a substantial skills mismatch on a global scale.
The OECD (Organisation for Economic Co-operation and Development) reports that on average across its member countries, about 35% of workers are over-qualified or under-qualified for their jobs.
In the UAE, the mismatch can be particularly pronounced due to the rapid pace of economic development and the high influx of expatriates. According to a survey by Hays in 2020, about 75% of employers in the UAE reported difficulties in finding candidates with the right skills.
The "Skills Mismatch" report by the World Bank for the MENA (Middle East and North Africa) region highlights that skills mismatches are a common challenge, with employers frequently citing a lack of job-specific skills among applicants.
These statistics indicate that a significant portion of the workforce may not have the skills that match the current job market demands. The exact percentage can fluctuate based on various factors such as industry advancements, educational reforms, and economic changes.
Our approach with AI Yara is highly innovative and has the potential to make a significant impact on addressing the skills mismatch issue.
Here’s a refined overview of Our strategy and how it aligns with Our goals:
AI Yara leverages advanced AI algorithms to craft resumes that reflect an individual's personality, qualifications, and background. This ensures each resume is tailored and unique.
AI Yara generates resumes that comply with Applicant Tracking System (ATS) standards, increasing the chances of getting noticed by employers.
By developing AI models tailored to specific markets, AI Yara can cater to the unique requirements and standards of each region, making resumes even more relevant and effective.
Given Our deep understanding and love for the UAE market, AI Yara can significantly help address the local skills mismatch.
Tailor AI models to the cultural and economic nuances of the MENA region.
Focus on U.S., Canada, and Mexico, where diverse job markets demand highly specialized resumes.
Target the U.K., Germany, and France, aligning with the specific resume styles and job market expectations in these countries.
Cater to the vast and varied job markets in India, Pakistan, Bangladesh, Vietnam, Indonesia, Singapore, Australia, and New Zealand, addressing local and international job application standards.
Invest in enhancing Our AI capabilities to cover all aspects of job matching, from resume creation and resource discovery to job posting.
Ensure the platform remains fully automated, providing consistent and efficient service without the need for human intervention.
Focus on developing algorithms that offer the highest quality skill matching, setting a new standard in the industry.
Quick resume creation process, saving time for job seekers.
Increased chances of resumes standing out due to ATS optimization and market-specific tailoring.
Ability to expand and cater to various regions without the constraints of manual processes.
By continuing to build and refine Our AI stack, you can make significant strides in solving the skills mismatch issue, helping job seekers find the right opportunities and employers find the right talent more efficiently and effectively.
Investing with us means placing your trust in a market that has proven its resilience over centuries. Unlike many other sectors where growth can be unpredictable and often ends in deception, our market is different.
Here’s why:
The need for job placement and skills matching has been a constant throughout history. There was a demand in the past, there is a demand now, and there will be a demand in the future.
With the continuous evolution of industries and technology, the demand for effective job matching and resume optimization will only increase.
Our AI Yara sets a new standard in resume creation, ensuring each resume is tailored to the individual’s personality, qualifications, and background.
We develop AI models tailored to specific markets, enhancing relevance and effectiveness.
Investing in our platform is a low-risk opportunity due to the consistent and growing demand for job placement services.
Our innovative AI technology and market-specific approach position us for significant growth, providing investors with higher returns.
With our deep understanding of the UAE market and the broader MENA region, we are well-positioned to address the local skills mismatch effectively.
Our expansion plans include North America, Europe, Asia, and Asia Pacific, catering to diverse job markets globally.
By investing with us, you are not only supporting an innovative solution to a perennial problem but also joining a venture with guaranteed demand and high growth potential. Don’t miss the chance to be part of this low-risk, high-reward opportunity.
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