Current Trends in the Development of the Labor Market in the Era of Digitalization of the Economy

2021 ◽  
pp. 71-77
Author(s):  
Vasiliy Svistunov ◽  
Vitaliy Lobachyev ◽  
I. Golyshkova
Keyword(s):  
Economic Development ◽  
Labor Market ◽  
Education System ◽  
Negative Trend ◽  
Professional Qualification ◽  
Global Trends ◽  
Current Trends ◽  
Modern Economic ◽  
The Impact

The article examines the problems of the labor market from the perspective of employment, the impact on these processes of such global trends in modern economic development as digitalization and globalization. Attention is drawn to the negative trend of employment of a large number of graduates of domestic universities not in their specialty. Special emphasis is placed on the need for the education system to take into account the professional qualification requirements for specialists in the process of their training and retraining.

The education system in the era of the fourth industrial revolution: developing skills and thinking for learning

2021 ◽  
Vol 83 (1) ◽  
pp. 44-51
Author(s):  
S. Bespalyy ◽  
◽  
Ye. Ifutina ◽  
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Education System ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Professional Activity ◽  
Critical Element ◽  
Higher Education System ◽  
Fourth Industrial Revolution ◽  
The Impact

Computer systems and technologies are changing our society significantly. These changes are interconnected with both social and production spheres. Innovative digital technologies have a huge impact on the labor market and professional activity, contributing to their transfer to the electronic environment. Using digital technologies, modern people set new goals and solve problems with an increasing speed of problem solving, capitalizing on the possibilities of collaborative distributed actions within networks. In this regard, new competencies of specialists are in demand. Purpose: The purpose of this study was to establish the impact of the fourth industrial revolution on the education system and the development of skills and thinking for learning. Methods: When conducting scientific research, economic and statistical methods were used. These methods were also used in comparative analysis, as well as in assessing data and indicators of the higher education system, taking into account the impact of the fourth industrial revolution. The analytical method was used to consider the characteristics and factors influencing the development of skills and thinking for learning in modern conditions. The abstract-logical method is used to identify problems affecting the development of the labor market under the influence of digital technologies. Results and their value: The result of the study is that conclusions are drawn about the upcoming changes. Automation and digitalization are likely to lead to significant unemployment in most countries, so adaptation innovation policies are needed to help offset unemployment due to digitalization. Governments need to invest heavily in higher education as an economic development tool for their citizens. Lifelong learning should be identified as a critical element of success in the era of the fourth industrial revolution. Curricula should develop digital skills and address workforce disruptions due to automation.

scholarly journals Urbanization as a challenge for the food safety of a country

2018 ◽  
pp. 121-128
Author(s):  
Lesya Sheludko
Keyword(s):  
Economic Development ◽  
Food Security ◽  
Economic Security ◽  
Consumer Products ◽  
World Population ◽  
Global Trends ◽  
The World ◽  
Impact Of Urbanization ◽  
High Level ◽  
The Impact

Actuality of the research topic. A number of global trends affects food supply and consumption, as well as food security in the world. The main one is the growth of the world population primarily in emerging countries and urbanization of the population. Accordingly, the topic of food security in the context of urbanization becomes highly relevant. Problem statement. It should be noted, that urbanization changes the quantity and structure of food products, increases the demand for quality products, impacts on food security and economic security of the country in general. Review of recent research and publications. Urbanization is a very complex subject; so many well-known foreign and domestic scientists from different fields of science have studied various aspects of urbanization. At the same time, the vast majority of publications are mostly theoretical and cover the demographic and geographical aspects of urban processes, while the issues of economic analysis and the impact of urbanization on food security remain inadequately studied. Task statement, research methods. The article aims to study the process of urbanization in the world and in Ukraine, as well as to identify the impact of urban processes on the economic development of countries and food security in order to develop recommendations on prospects and opportunities for Ukraine. Presentation of the main material (results of work). The paper describes the main processes of urbanization, which take place in different countries and in the world as a whole, as well as in Ukraine. The influence of urbanization processes on the economic development of the countries is determined, namely, that the countries with high level of urbanization have high economic development and accordingly the high Gross National Product per capita. It has been discovered, that urbanization also affects the food security of countries, as the number of urban population increases, the structure of consumer products changes, and the demand for food increases as well. Summary. Urbanization represents both a challenge and an opportunity for the development of agriculture, as well as food security. Urbanization provides opportunities for Ukraine in the face of growing demand for food, to improve its export potential.

scholarly journals Eurointegration tendencies in implementation of ‘Industry 4.0’ in European companies

2020 ◽  
Vol 25 (2) ◽  
pp. 251-261
Author(s):  
Andrea Seňová ◽  
Lucia Šebeščáková
Keyword(s):  
Labor Market ◽  
Digital Technology ◽  
Industrial Revolution ◽  
Technological Development ◽  
Business Organization ◽  
Fourth Industrial Revolution ◽  
Current Trends ◽  
Digital Disruption ◽  
External Risk ◽  
The Impact

The current level of technological development made it possible to predict upcoming changes, the expected commercial availability of breakthrough technologies and the impact they will have on business organization, manufacturing and labor market. The fourth industrial revolution, driven by automation, digital technology and Big Data, is expected to start in a few years. The number one external risk currently perceived by companies is digital disruption. The aim of the paper is to examine the current trends in terms of technological development and workforce transition for the preparedness of companies and labor market for the upcoming changes. The paper reviews the results of research, indicating the dominant orientation of companies, with regards to the expected digital disruption, trends shaping the fourth industrial revolution and strategies for preparation for the upcoming changes.

Impact of Foreign Worker Migration on Wage and Labor Market in Thailand

2015 ◽  
pp. 66-79
Author(s):  
Siriwan Saksiriruthai
Keyword(s):  
Economic Development ◽  
Labor Market ◽  
Migrant Workers ◽  
Migrant Worker ◽  
Critical Role ◽  
Foreign Worker ◽  
Negative Effects ◽  
Foreign Labor ◽  
Native Workers ◽  
The Impact

This chapter focuses on Thailand's foreign labor migration, which has played a critical role in the economic development of Thailand. Emphasizing both positive and negative effects of foreign migration to the Thai labor market, Thailand economy, and sustainability in economic development, this chapter separates foreign migrant workers into two types, legal and illegal, and analyzes the impact of each type of migrant worker on wages, labor market, Thai economy, innovation, and sustainability. While foreign skilled laborers, who usually receive formal work permits from the Thai government, as well as capital and native workers are complements, the unskilled or low-skilled workers, usually from neighbor countries, as well as capital and native workers, are substitutes. Furthermore, the impact of each group of foreign migrants on economic development and government reactions (as reflected in migration policies) is also elaborated before discussion for migration and development in the long term.

scholarly journals The Early Impact of Covid-19 Pandemic on the Aviation Industry

2020 ◽  
pp. 38-44
Author(s):  
Dávid Melas ◽  
Katarína Melasová
Keyword(s):  
Economic Development ◽  
Economic Cost ◽  
International Travel ◽  
Negative Trend ◽  
Aviation Industry ◽  
Passenger Seat ◽  
Travel Restrictions ◽  
The Impact ◽  
Modern Era

The goal of the paper is to assess early economics impact of Covid-19 on the aviation industry as it is one of the hardest hit industries. Covid-19 has an unprecedented impact on the international passenger seat capacity and gross passenger operating revenues of airlines. In the first part, we look at the impact of the pandemic on the economy as a whole and subsequently look at the economic cost of airlines. Two main elements are driving this negative trend – travel restrictions and overall economic development. We are currently experiencing the tightest international travel restrictions in the modern era of flight transportation with the economies worldwide experiencing a greater decline in GDP than during the last 3 recessions. In the second part, we look at two out of many possible path scenarios which are likely to drive the trend: V-shaped path and U-shaped path. All pandemic outbreaks before followed V-shaped scenario but Covid-19 has paralysed the society for longer with stricter governmental measures and so U-shaped scenario has to be taken into account as the most likely outcome for the aviation industry during this pandemic.

scholarly journals Comparison of the labor market between the countries of the Western Balkans

2021 ◽  
Vol 5 (2, special issue) ◽  
pp. 135-144
Author(s):  
Bashkim Bellaqa ◽  
Qazim Tmava ◽  
Arif Krasniqi
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Labor Market ◽  
Direct Investment ◽  
Employment Rate ◽  
Western Balkans ◽  
Balkan Countries ◽  
Market Management ◽  
Independent Variable ◽  
The Impact

The improvement of the labor market, the management, the expansion of foreign direct investment, etc., all play a key role in the economic development of the Western Balkans. The main purpose of this study is to analyze and compare trends in employment, unemployment, gross domestic product (GDP), foreign direct investment (FDI), labor market management and to study the effects of foreign direct investment on employment in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro, and Serbia) between 2015 and 2019. However, evidence for FDI’s impact is mixed (Navaretti & Venables, 2004). In terms of methodology, comparative and empirical analyses of the strength of the correlation between the dependent variable of employment and the independent variable of FDI for the countries of the Western Balkans have been conducted. Based on analyses, the employment rate in the six Western Balkan countries in 2019 has improved when compared to 2018, except in Montenegro, where it has declined. This study will contribute to enhance understanding of the labor market and the impact of FDI on employment in the Western Balkan countries

scholarly journals THE IMPACT OF ECONOMIC QUERIES ON THE STRUCTURE OF UNDERGRADUATE EDUCATION

2021 ◽  
Vol 10 (34) ◽  
Author(s):  
E.V REPRINTSEVA ◽  
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Computer Science ◽  
Education System ◽  
Information Technologies ◽  
Computer Engineering ◽  
Higher Education System ◽  
Structural Problems ◽  
Russian Higher Education ◽  
The Impact

The imbalance between the labor market and the higher education system in the Russian Federation is highly relevant for discussion in the pedagogical environment. Overcoming structural problems is a difficult task, especially in the context of an economic crisis. The transition of Russian higher education to the Bologna model was complicated by many factors. An additional task at this point was the need to reform the structure of the output of specialists, since for some of them there was a large oversupply in the labor market, and for others there was a lack. In addition, the growing process of digitalization has made it necessary to train a sufficient number of specialists in the areas that ensure the spread of information technologies. State policy in the field of higher education has changed the number of students enrolled in the most popular bachelor's degree programs and has affected their structure depending on the form of tuition fees. The study found that the total number of students in the most popular areas of training-economics, management and law-has decreased, but they have retained their leadership, and the structure of students in these specialties is dominated by those who study on a contractual basis. At the same time, the demands of the economy caused a fairly rapid reaction of the higher education system and led to an increase in the number of students in the areas of linguistics, information systems and technologies, and defectological education. As a result of state support, despite the reduction in the total number of students, the share of budget and target students in those professions that are now most in demand in the economy has increased: construction, electric power and electrical engineering, agricultural engineering, computer science and computer engineering, applied computer science.

scholarly journals The Present and Future of Employment: Ibero-American Context

2021 ◽  
pp. 51-64
Author(s):  
E. Ermolieva
Keyword(s):  
Labor Market ◽  
Latin American ◽  
Rapid Change ◽  
Global Trends ◽  
Global Recession ◽  
The World ◽  
The Future ◽  
Digital Gap ◽  
Basic Features ◽  
The Impact

The world of work is changing rapidly. The impact of the current megatrends on the future of employment has been widely debated around the world and became a focus of numerous reviews of international organizations. The Sars-Cov-2 pandemic has added even more urgency to the discussion and has affected more countries, including Iberian Peninsula and Latin America. Moreover, the COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labor market and accelerated the arrival of the future of work. COVID-19 has shown us how rapid change can destroy jobs. But at the same time, it must be recognized that the labor market has fundamentally changed within just a few months of the pandemic with the spread of some non-standard employment such as tele- and platform work. Thus, the COVID-19 became a catalyst for the rapid changes that will define the future of the labor market in different parts of the world. But, as some results show, digital transformation in employment brought serious inequalities, called the digital divide with its multidimensional impact. For example, a new digital gap has emerged between the global North and the global South. Through these optics, the article attempts to summarize the results of studies that are monitoring how labor markets are changing in different regions of the world. And the main aim is to better understand the specifics of the situation in Spain, Portugal and Latin American countries which collectively are integral parts of the Ibero-American community. To achieve the goal, the principal tools of scientific analysis were used, including collecting and analyzing a significant body of empirical data from international sources and publications of national departments for labor and employment. The review helped to identify the basic features of the current moment and possible prospects in the development of the employment sector in Iberoamerica. Following the principle of comparative analysis research, the author comes to the conclusion that, on the one hand, the processes similar to the global trends are present, but, on the other hand, the peculiarities determined by the national characteristics of the Ibero-American content are quite obvious.

scholarly journals Development of Virtual Migration in the Context of the Ongoing Digitalization

2021 ◽  
Vol 1 (2) ◽  
pp. 57-64
Author(s):  
Galina I. Glushchenko
Keyword(s):  
Labor Market ◽  
Labor Relations ◽  
Digital Technologies ◽  
Virtual Space ◽  
Global Trends ◽  
Flexible Labor ◽  
Global Labor Market ◽  
Virtual Plane ◽  
Almost All ◽  
The Impact

The global trends of the constant increase in the digital component indicate that the economy is increasingly tilting into the “virtual plane”. Digital technologies are fundamentally changing almost all existing professional areas. Digitalization is not only fundamentally transforming labor relations, but also requires and facilitates the development of new forms of migration. A “transnational virtual space” is emerging, in which vast amounts of data across national borders without the physical movement of workers. With an aging population, virtual migration is becoming one of the most important conditions for the dynamic development of the digital economy. The purpose of this report is to investigate the algorithmic organization of work, combined with flexible labor relations and contributing to the inclusion of mobile labor in a stratified global labor market focused on the penetration of digital technologies into all sectors and spheres of life. The method used by the author is the analysis of the main trends in the development of virtual migration. The novelty of the study lies in examining the impact of digitalization not only on labor relations, but also, in terms of the development of new forms of mobility.

Zenon Wiśniewski: YOUTH IN THE GERMAN LABOR MARKET. EDUCATION, TRANSITION TO WORK, VOCATIONAL ACTIVATION

2021 ◽  
Vol 564 (3) ◽  
pp. 31-32
Author(s):  
Krzysztof Piątek
Keyword(s):  
Labor Market ◽  
Young People ◽  
Education System ◽  
Transition To Work ◽  
The Impact

The book means very much that the specification of the education system in Germany, taking into account all the roles of land, contains up-to-date information on the situation of young people on the German labor market, the impact of COVID-19 effects on the economy and the education system of our western neighbors.

Sign in / Sign up

Export Citation Format

Share Document