Changes in the Labour Market and Education in the Czech Republic in the Context of the Global Pandemic

Abstract

Research background: At a time when we are looking for ways to recover the economy most effectively from a global pandemic, digitalization represents a significant opportunity. This is a specific aspect of digitalization, i.e. automation through artificial intelligence-driven technologies, in various areas of society, particularly in the industry and related education. Purpose of the article: The aim of this article is to present the changes in the labour market and education in the context of the global pandemic. Even after the end of the pandemic, it will be necessary to continue increasing productivity through the use of modem technologies. Education will no longer be tailored to one profession, as it has been so far, but shall emphasise interdisciplinarity, comprehensiveness, creativity and flexibility. The Fifth Industrial Revolution (Industry 5.0) will logically follow. It is a vision of the return of a man and his creativity to the production processes. Methods: The paper analyses the survey of the international research into the global crisis caused by the pandemic using desk research and mathematical statistics methods. Findings and added value: Many professions tend to be at risk as work becomes increasingly digitalized and automated. This article looks at the possible evolution of the market and the emergence of new professions that cannot be imagined now. Therefore, it is very important to focus education in all areas of society to prepare the graduates to be able to flexibly respond to changes in the labour market requirements.

Keywords

• global pandemics
• labour market
• education
• managerial competencies
• mathematical and quantitative methods