The Trends of Employment in the Digital Economy

The article examines the impact of digitalization on the labor market. The transition to the digital economy is a natural process and requires modernization of employment. Therefore, digital employment is formed, which is implemented through online platforms. The new forms of employment are evolving...

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Main Authors: Soboliev Volodymyr M., Musiiuk Inna O.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2020-10-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2020-10_0-pages-143_148.pdf
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author Soboliev Volodymyr M.
Musiiuk Inna O.
author_facet Soboliev Volodymyr M.
Musiiuk Inna O.
author_sort Soboliev Volodymyr M.
collection DOAJ
description The article examines the impact of digitalization on the labor market. The transition to the digital economy is a natural process and requires modernization of employment. Therefore, digital employment is formed, which is implemented through online platforms. The new forms of employment are evolving, due to innovative processes and transformation of the economy as a whole. The non-standard employment gains wide spread in such forms as: freelancing; tv work; borrowed employment (personnel leasing, outsourcing, outstaffing). The positive and negative consequences of such a transition for the labor market are reflected in the presented publication. The experience of mass implementation of the remote format of work during the isolation regime caused by the COVID-19 pandemic is also considered. The economy’s focus on digital development leads to the reduction and further disappearance of some specialties, accompanied by the emergence of new ones. Already, internet banking, e-government, automatic accounting programs, etc. are becoming widespread. Rapid response to technological challenges can eliminate some of the negative consequences of these changes through training and retraining of employees. Automation and robotics of production processes will undoubtedly lead to an increase in unemployment, so now it is important to develop an effective employment policy. However, professions such as engineers, actors, teachers, managers, social workers are still impossible to replace with robots. Therefore, such activities require a high level of human capital, which becomes the most important resource of economic growth. Countries should be prepared to solve problems inherent in the digital economy. Stimulating investment in information and communication technologies (ICT) and additional innovations will contribute to the growth of productivity and employment.
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spelling doaj.art-992cc3fb54e3493da5839f5fe062e8ec2022-12-21T22:21:22ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2020-10-011051314314810.32983/2222-4459-2020-10-143-148The Trends of Employment in the Digital EconomySoboliev Volodymyr M.0https://orcid.org/0000-0003-3043-0901Musiiuk Inna O.1V. N. Karazin Kharkiv National UniversityV. N. Karazin Kharkiv National UniversityThe article examines the impact of digitalization on the labor market. The transition to the digital economy is a natural process and requires modernization of employment. Therefore, digital employment is formed, which is implemented through online platforms. The new forms of employment are evolving, due to innovative processes and transformation of the economy as a whole. The non-standard employment gains wide spread in such forms as: freelancing; tv work; borrowed employment (personnel leasing, outsourcing, outstaffing). The positive and negative consequences of such a transition for the labor market are reflected in the presented publication. The experience of mass implementation of the remote format of work during the isolation regime caused by the COVID-19 pandemic is also considered. The economy’s focus on digital development leads to the reduction and further disappearance of some specialties, accompanied by the emergence of new ones. Already, internet banking, e-government, automatic accounting programs, etc. are becoming widespread. Rapid response to technological challenges can eliminate some of the negative consequences of these changes through training and retraining of employees. Automation and robotics of production processes will undoubtedly lead to an increase in unemployment, so now it is important to develop an effective employment policy. However, professions such as engineers, actors, teachers, managers, social workers are still impossible to replace with robots. Therefore, such activities require a high level of human capital, which becomes the most important resource of economic growth. Countries should be prepared to solve problems inherent in the digital economy. Stimulating investment in information and communication technologies (ICT) and additional innovations will contribute to the growth of productivity and employment.https://www.business-inform.net/export_pdf/business-inform-2020-10_0-pages-143_148.pdfdigitalizationdigital economylabor marketdigital employmentonline platformsnon-standard employment
spellingShingle Soboliev Volodymyr M.
Musiiuk Inna O.
The Trends of Employment in the Digital Economy
Bìznes Inform
digitalization
digital economy
labor market
digital employment
online platforms
non-standard employment
title The Trends of Employment in the Digital Economy
title_full The Trends of Employment in the Digital Economy
title_fullStr The Trends of Employment in the Digital Economy
title_full_unstemmed The Trends of Employment in the Digital Economy
title_short The Trends of Employment in the Digital Economy
title_sort trends of employment in the digital economy
topic digitalization
digital economy
labor market
digital employment
online platforms
non-standard employment
url https://www.business-inform.net/export_pdf/business-inform-2020-10_0-pages-143_148.pdf
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