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Labor Market Transformations Related To The Digital Economy And Industry 4.0

Author

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  • Ralitza Pandurska

Abstract

The development of information and communication technologies in the modern global world is becoming more and more accelerating and irreversible and one of the reasons of this evolution is the process of digitalization. Industry 4.0 has a huge potential for the countries development and could contribute to increasing their competitiveness. At the same time it will make possible countries that are able to restructure their economies faster to outrun those that are not enough prepared for this process. A significant proportion of workers will be employed in occupations that are currently unknown or do not yet exist, and this puts a serious challenge to the education system in the countries, which has to prepare staff for occupations that do not yet exist.

Suggested Citation

  • Ralitza Pandurska, 2020. "Labor Market Transformations Related To The Digital Economy And Industry 4.0," INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "HUMAN RESOURCE MANAGEMENT", University of Economics - Varna, issue 1, pages 173-179.
    • Handle: RePEc:vrn:hrmsnr:y:2020:i:1:p:173-179
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    File URL: http://conference.ue-varna.bg/hrm/wp-content/uploads/Proceedings/Papers2020/Pandurska.pdf
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    Cited by:

    1. Desislava Koleva-Stefanova, 2022. "Digital Education In Bulgaria During The Pandemic," HR and Technologies, Creative Space Association, issue 2, pages 53-69.

    More about this item

    Keywords

    digitalization; labor market; Industry 4.0; new jobs;
    All these keywords.

    JEL classification:

    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • 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

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