A Proposal: Mitigating Effects of the Economic Crisis with Career ePortfoliosReport as inadecuate

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International Journal of ePortfolio, v4 n2 p157-168 2014

Contemporary labor markets are suffering from the recession and structural shifts, which can cause various mismatches through processes of search friction. A lack of informational transparency among worker- and job characteristics is the common denominator of these search frictions. In this paper, the potential of the career ePortfolio, which consists of information beyond what is typically found in a jobseeker's resume, in reducing these mismatches and search frictions is explored. The career ePortfolio, it is argued, leads to better worker-to-job matches, increased worker mobility, and reduced unemployment levels and transaction costs. By exploring mismatches and search frictions theoretically, the required features of such a career ePortfolio were identified. A multi-disciplinary approach was used, drawing from literature on labor market economics as well as human resource management. It was concluded that the career ePortfolio should consist of competence-based information on both the aggregate and individual levels in order to facilitate workers and firms in their career and personnel planning and help government and educational institutes devise appropriate labor market policies and curricula. Major challenges include the required shared understanding of competences among workers and firms, given their heterogeneity, as well as the need for credible information, given the asymmetrical nature of labor market information.

Descriptors: Portfolios (Background Materials), Portfolio Assessment, Career Education, Career Guidance, Electronic Publishing, Job Search Methods, Access to Information, Occupational Information, Labor Market, Job Skills

Center for Teaching and Learning, University of Georgia. North Instructional Plaza, University of Georgia, Athens, GA 30602. e-mail: ijep[at]vt.edu; Web site: http://www.theijep.com

Author: Lievens, Ronald

Source: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=1189&id=EJ1107843

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