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The Employment Challenges In Terms Of The Fourth Industrial Revolution

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  • Alina Ligia Dumitrescu

Abstract

The article focuses on two key issues related to the evolution and prospects of the labourmarket, namely: the jobs and qualifications of the future in terms of the Fourth Industrial Revolution,on the one hand, and the need to stimulate youth employment in EU as a "guarantee of the future”, onthe other hand. The conclusions of the paper show that it is essential to improve the monitoring, andthe evaluation and anticipation of qualifications, as well as the compatibility between demand andsupply on the labour market in order to increase employment and reduce long-term unemployment.

Suggested Citation

  • Alina Ligia Dumitrescu, 2016. "The Employment Challenges In Terms Of The Fourth Industrial Revolution," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 12.
    • Handle: RePEc:iem:imptrs:v:12:y:2016:id:2822000009619015
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    Keywords

    industrial revolution; employment; World Economic Forum; EU; innovation; youth;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L70 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - General

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