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Ratio Working Paper No. 350: A quickly transforming labour market

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Abstract

The Covid-19 pandemic has made it clear that the labour market situation can change extremely rapidly when there is an unexpected exogenous shock to the economy. Even though the transformation of the labour market as a result of the development of ICT (Information Communication Technology) industries facilitates more-flexible conditions, it is now more important than ever for EU Member States to improve the functioning of their labour markets. Member States need to increase possibilities for training and retraining throughout peoples’ working lives in order to smooth the transformation into a digital world of work.

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  • Uddén Sonnegård, Eva, 2021. "Ratio Working Paper No. 350: A quickly transforming labour market," Ratio Working Papers 350, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0350
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    More about this item

    Keywords

    Digital transformation; automation; job polarisation; platform work; contractors; adult education; firm-based training; basic income; employment production;
    All these keywords.

    JEL classification:

    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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