Labour Markets in the Era of Digitalisation

Abstract

"The advent of smart, interconnected digitalisation comes with great challenges. Notwithstanding, we will not have to adapt to an economy largely operating without jobs. Quite the contrary, the world is full of undone work. However, we will face the issue of economic adaptability to technological change. Thus, while we will not run out of jobs, structural unemployment may nonetheless build up if adjustment does not succeed. The institutions and policies are faced with enormous challenges. It is necessary to take measures in economic, educational, and labour market policy, which are fit to support and advance a digital economic and labour market model. The further development of vocational training, the design of a policy of comprehensive further training, and the organisation of social security and corporate flexibility are the most deciding factors in this endeavour." (Text excerpt, IAB-Doku) ((en))

Cite article

Weber, E. (2020): Labour Markets in the Era of Digitalisation. In: New Direction (Hrsg.) (2020): Automation, Brüssel, p. 10-17.