Bìznes Inform (Oct 2020)

The Trends of Employment in the Digital Economy

  • Soboliev Volodymyr M.,
  • Musiiuk Inna O.

DOI
https://doi.org/10.32983/2222-4459-2020-10-143-148
Journal volume & issue
Vol. 10, no. 513
pp. 143 – 148

Abstract

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The article examines the impact of digitalization on the labor market. The transition to the digital economy is a natural process and requires modernization of employment. Therefore, digital employment is formed, which is implemented through online platforms. The new forms of employment are evolving, due to innovative processes and transformation of the economy as a whole. The non-standard employment gains wide spread in such forms as: freelancing; tv work; borrowed employment (personnel leasing, outsourcing, outstaffing). The positive and negative consequences of such a transition for the labor market are reflected in the presented publication. The experience of mass implementation of the remote format of work during the isolation regime caused by the COVID-19 pandemic is also considered. The economy’s focus on digital development leads to the reduction and further disappearance of some specialties, accompanied by the emergence of new ones. Already, internet banking, e-government, automatic accounting programs, etc. are becoming widespread. Rapid response to technological challenges can eliminate some of the negative consequences of these changes through training and retraining of employees. Automation and robotics of production processes will undoubtedly lead to an increase in unemployment, so now it is important to develop an effective employment policy. However, professions such as engineers, actors, teachers, managers, social workers are still impossible to replace with robots. Therefore, such activities require a high level of human capital, which becomes the most important resource of economic growth. Countries should be prepared to solve problems inherent in the digital economy. Stimulating investment in information and communication technologies (ICT) and additional innovations will contribute to the growth of productivity and employment.

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