With the unemployment rate at a low 3.7% and the skills shortage severe, corporations need to get creative about finding talented job candidates. IBM is among the technology giants testing new methods involving artificial intelligence to overcome the labor market challenges. AI has been applied to the job application process directly as a method to prevent human bias in hiring decisions. Now more companies are using AI assessment tools to reverse-engineer job roles and find candidates often overlooked by recruiters. IBM introduced its SkillsBuild platform in France in May 2019 with the goal of identifying job skills and employment opportunities for members of disadvantaged communities.

Google wants to play matchmaker, but for job seekers and talent hunters. Google announced on Wednesday a new job-oriented search tool that will use the company's advanced "machine learning" technology to provide personalized results. Google teased the new tool as a good way for candidates to find jobs, but also for companies to find the right people. With Google for Jobs, we'll use machine learning to help people find jobs, and make it easier for companies to find talent. The new tool will be integrated into Google's existing search engine and is meant to use contextual details like location to help surface relevant job listings at the top of searches.