There are many reasons why not following changes in the job market may result in unemployment.
Here are four potential reasons:
Job skills become obsolete: As technology advances and industries change, the skills required for different jobs also change. If a person does not keep up with these changes, their skills may become obsolete, and they may no longer be able to perform the job they were trained for. This can make it difficult to find new employment, especially if the job market has shifted towards new skills and technologies.
Lack of competitiveness: Staying current with changes in the job market can help job seekers stay competitive. For example, if a company is looking for candidates with certain certifications or degrees, and a job seeker does not have these qualifications, they may be overlooked in favor of other candidates who do. By not staying up-to-date with the job market, a person may become less competitive in their field and struggle to find new employment opportunities.
Economic shifts: Economic changes can have a significant impact on the job market. For example, if a particular industry or sector experiences a downturn, the job market may become saturated with unemployed workers looking for new opportunities. Those who have not been following changes in the job market may not be aware of the shift and may find themselves struggling to find work.
Changing employer needs: As the needs of employers change, the job market will also shift. For example, if there is an increase in demand for employees with specific skills or knowledge, job seekers who have not been keeping up with these changes may find that they are no longer in demand. This could lead to unemployment, as these job seekers may struggle to find employment opportunities that match their skills and experience.