Welcome to the 'skills mismatch economy': the shift from roles to skills is making your resume-and your job title-worthless | Fortune
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Welcome to the 'skills mismatch economy': the shift from roles to skills is making your resume-and your job title-worthless | Fortune
"The modern labor market is currently reorganizing at a pace that outstrips employers, workers, and educators' ability to adapt. Traditional job titles, which once served as reliable proxies for professional capability, no longer accurately describe how work is actually performed. Instead, we have entered a "skills mismatch economy," where a profound disconnect has emerged between the signals workers send and the capabilities their bosses are willing to reward."
"The research team, comprising Wharton professor Eric Bradlow and Accenture's James Crowley, Ken Munie, and Selen Karaca-Griffin, found the labor market is operating in a state of structural imbalance. The signaling gap in a nutshell: workers are overwhelmingly promoting generalist traits such as communication, leadership, and problem-solving, while employers are increasingly desperate for specialized, execution-oriented skills that remain in short supply."
The Wharton-Accenture Skills Index (WAsX) tracks more than 150 million unique U.S. profiles and 100 million job postings and finds the labor market in structural imbalance. Traditional job titles no longer map reliably to actual work performed, creating a skills mismatch economy. Workers predominantly signal generalist capabilities such as communication, leadership, and problem-solving, while employers increasingly seek specialized, execution-focused skills that are in short supply. Commonly listed "table stakes" skills have become nondifferentiating, leaving employers unable to identify candidates with the specific, operational competencies they urgently need.
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