scholarly journals Impact of Industry 4.0 and Digitization on Labor Market for 2030-Verification of Keynes’ Prediction

2021 ◽  
Vol 13 (14) ◽  
pp. 7703
Author(s):  
Gábor Szabó-Szentgróti ◽  
Bence Végvári ◽  
József Varga
Keyword(s):  
Labor Market ◽  
Industry 4.0 ◽  
Human Life ◽  
Working Hours ◽  
Vulnerable Groups ◽  
Literature Analysis ◽  
Economic Point ◽  
Technological Unemployment ◽  
Wide Range ◽  
The Impact

The research objective of this study is to examine the changes in technological unemployment and to evaluate Keynes’ theory based on a literature analysis concerning the fourth industrial revolution. The methodology used in this study is a literature analysis of 86 papers published between 2011 and 2020 on topics related to Industry 4.0, the labor market, and technological unemployment. The change caused by the labor market raises employment sustainability issues. Among the goals adopted at the 2012 UN Rio+20 Conference on Sustainable Development, this study is directly related to goals 8 and 9, and indirectly to goal 10. Research evidence suggests that the impact of Industry 4.0 processes will reduce the amount of labor needed, bringing us closer to Keynes’ vision of three hours a day. The analysis suggests that reduced working hours will increase economic efficiency through more intensive work. The literature is used to determine whether the trend of reduced working hours can be interpreted as a positive or negative phenomenon. The extent of technological unemployment is determined by the digitalization strategy of each country and the speed of its introduction, as well as the readiness of the education system in a given country to retrain vulnerable groups in the labor market. However, the overall picture is positive: on the one hand, digital transformation opens up a wide range of opportunities for a more human life, and on the other hand, from an economic point of view, digitalization will become an inescapable element of competition by reducing marginal costs. The study’s novelty is that the effects of Industry 4.0 and technological unemployment on the labor market are analyzed in the context of Keynes’ theory.

Syrian refugees in seasonal agricultural work: a case of adverse incorporation in Turkey

2016 ◽  
Vol 54 ◽  
pp. 33-53 ◽  
Author(s):  
Sinem Kavak
Keyword(s):  
Labor Market ◽  
Migrant Workers ◽  
Vulnerable Groups ◽  
Syrian Refugees ◽  
Agricultural Work ◽  
Qualitative And Quantitative ◽  
Migrant Work ◽  
The Impact

AbstractThis article examines how the labor market in seasonal migrant work in agriculture in Turkey has changed with the influx of refugees from Syria. Based on both qualitative and quantitative fieldwork in ten provinces of Turkey, the article discusses precarity in seasonal migrant work in agriculture and the impact of the entry of refugees on this labor market. The analysis of precariousness of both Turkish-citizen migrant workers and refugees suggests that precarity is a relational phenomenon. The multifaceted vulnerabilities of groups in the lower echelons of the labor market resonate with one another and the adverse incorporation of vulnerable groups into the labor market pushes the market in a more insecure and informal direction.

scholarly journals The Impact of Informatization of Society on the Labor Market

2021 ◽  
Vol 12 (3Sup1) ◽  
pp. 155-167
Author(s):  
Oleksandr Yashchyk ◽  
◽  
Valentyna Shevchenko ◽  
Viktoriia Kiptenko ◽  
Oleksandra Razumova ◽  
...  
Keyword(s):  
Labor Market ◽  
Government Regulation ◽  
Structural Changes ◽  
Raw Materials ◽  
Supply And Demand ◽  
Working Hours ◽  
Industrial Society ◽  
Information And Computer Technology ◽  
Cloud Technologies ◽  
The Impact

This article examines the transformation of the labor market under the influence of informatization of society. It is noted that in the conditions of globalization and informatization of the nowadays a post-industrial society has been formed, in which information is a determining factor of production. New opportunities and challenges of the labor market in the conditions of information society development are analyzed. The informatization of society changes the conditions, nature and forms of work. Extensive digitalization, the use of cloud technologies and artificial intelligence systems are displacing traditional forms of employment towards teleworking, which makes workers more mobile and able to optimize working hours. It is established that the spread of technology increases the efficiency of the recruitment and searching job processes. Informatization of society contributes to the creation of a digital labor market, which forms the demand and supply of information and computer technology workers. In the context of informatization of society, the labor market is characterized by an imbalance between supply and demand of labor due to structural changes in the economy. Among the challenges of the labor market are rising unemployment in the raw materials industries, robotics and automation of routine manual labor. The digitalization of the economy leads to the need to adjust government regulation of business and provide social guarantees for employees. It is noted that the informatization of society provides more benefits to the labor market than obstacles. Solving the problems it raises, promotes progress and economic development.

scholarly journals COVID-19 PANDEMIC’S IMPACT ON THE LABOUR MARKETS OF ASEAN MEMBER STATES (REVIEW)

2021 ◽  
pp. 141-153
Author(s):  
Olga Pryazhnikova ◽  
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Informal Sector ◽  
Economic Activity ◽  
Labour Markets ◽  
Vulnerable Groups ◽  
Labor Migrants ◽  
Asean Member ◽  
Asean Countries ◽  
The Impact

The review examines the implications of the impact of the COVID-19 pandemic on the labor markets of ASEAN countries. Shows that measures to contain the spread of COVID-19, taken by the governments of the alliance countries, such as lockdowns and isolation, have led to a decrease in economic activity and in employment. Notes that the most vulnerable groups in the labor market of the ASEAN countries in the context of the crisis provoked by COVID-19 are labor migrants and persons employed in the informal sector of the economy.

scholarly journals The impact of digitalization of the economy upon social governance: analysis of current global trends

2021 ◽  
pp. 1-7
Author(s):  
Kira Vadimovna Isaeva
Keyword(s):  
Social Issues ◽  
Human Life ◽  
Developed Countries ◽  
Digital Environment ◽  
Digital Government ◽  
Fundamental Factor ◽  
Innovative Methods ◽  
Social Governance ◽  
Wide Range ◽  
The Impact

The subject of this research is the modern system of social governance, which has been transformed in the conditions of digital environment. Particular attention is given to the definition of electronic-digital civilization and its criteria. The concept of “electronic-digital civilization”, with emphasis on the transitional state of society, was introduced into the scientific discourse by the Academician of the Russian Academy of Sciences G. V. Osipov. The goal of this article is to determine the criteria of this concept. Description is given the innovative methods and techniques of social governance, namely those that depend on digitalization of the economy. The events of 2020-2021, related to the COVID-19 pandemic, demonstrated the increase of digitalization of human life and nonlinearity of social development. The shift of industrial era towards modern electronic-digital era entails qualitative transformations in the lifestyle of the entire humanity, which certainly requires the implementation of innovative methods in social governance. The author outlines the basic criteria of electronic-digital stage in the development of humanity. The analysis of scientific literature indicates the a wide range of scientific research in the sphere of humanities are dedicated to examination of the effects of digitalization in the economy. However, the emerging social issues in the conditions of digital environment require expert evaluation of sociologists, psychologists, political scientists, and legal experts. The article determines the modern forms and methods of social governance, which are currently implemented by the industrially developed countries. The fundamental factor of transformation of the style of governance became the process of all-round “digitalization of the economy”. The statistical data on the “effects of digitalization” is provided. The author explores such modern trends in governance, such as “E–government”, transitioning to “Digital government”, “Soft–power” technologies, “Agile methodology”, transition to 5G, etc.

scholarly journals Industry 4.0: Challenges and Opportunities for the Labor Market

2021 ◽  
Vol 82 (2) ◽  
pp. 36-44
Author(s):  
S. Bespalyy ◽  
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
18Th Century ◽  
Low Cost ◽  
The Elderly ◽  
Production Costs ◽  
Structural Problems ◽  
The Impact

Main problem: In the 18th century, when industrial production began, the use of steam and mechanized production caused major changes in the economy. As a result, production costs decreased along with an increase in the quantity and quality of products. During this period, production underwent a revolutionary transition from manual labor to mechanization. The potential impact of Industry 4.0 on labor markets remains an under-explored scientific field. It is estimated that Industry 4.0 will lead to unemployment by changing the employment structure and will bring new structural problems in terms of unemployment and labor relations. Purpose: The purpose of the study was to establish the impact of Industry 4.0 on the labor market and identify the consequences of the impact. Methods: studied, the evolution of production development, when mass production with electricity led to the Age of Industry 2.0, and then the emergence of the digital revolution, the use of electronics and information technology in production processes, marked the beginning of the Age of Industry 3.0. It is expected, according to international experts, scientists, that automation and robotic production will have a serious impact on the unskilled workforce and cause a critical reduction in the labor force of vulnerable sectors of society, that is, women, migrants, youth and the elderly. Results and their significance: This study assessed the possible impact of the fourth industrial revolution on labor markets. Through a literature review and analysis of emerging trends in Industry 4.0, the risks, opportunities and challenges of the process are explored in a comparative perspective. It has been established that countries must correctly perceive the transformation of labor markets and take appropriate measures. Otherwise, the applied labor-based low-cost industrialization model will lose its comparative advantage.

scholarly journals Impact of New Technologies on the Labor Market: Past Lessons and New Challenges

2020 ◽  
Vol 15 (4) ◽  
pp. 62-87
Keyword(s):  
Labor Market ◽  
Industrial Revolution ◽  
New Technologies ◽  
Working Hours ◽  
Developed Countries ◽  
Employment Services ◽  
Standard Set ◽  
Expert Community ◽  
The Impact ◽  
Industrial Revolutions

The article is devoted to the review of theoretical and applied studies on the impact of technological progress on the labor market and public policy. Firstly, the influence of previous industrial revolutions is considered. It is shown that new technologies during the last two centuries have been resulting in growth of employment and reduction of working hours. In addition, mass computerization observed in the past few decades has led to polarization of the labor market. Secondly, the concept of the Fourth Industrial Revolution is analyzed. It is pointed out that, despite active discussion of this topic in the mass media and in the expert community, so far the results of the former have been limited and the latest technologies related to it are poorly distributed even in the most developed countries. However, studies devoted to quantitative estimates of automation and labor substitution have a highly controversial methodology. As a result, the majority of alarmist predictions are deemed unfounded. Various studies have indicated that the more likely response to the new technological revolution is not an increase in unemployment, but rather a spread of non-standard employment. Finally, changes in government labor market policy due to technological innovations of recent years are investigated. Despite the persistent intentions to reform the fundamental labor market policies, European employment services continue to apply a standard set of practices. The data available for Russia indicate that the risks of automation and significant changes on the labor market are even lower than in developed countries.

scholarly journals Investigating the Integration of Industry 4.0 and Lean Principles on Supply Chain: A Multi-Perspective Systematic Literature Review

2022 ◽  
Vol 12 (2) ◽  
pp. 586
Author(s):  
Mahsa Mahdavisharif ◽  
Anna Corinna Cagliano ◽  
Carlo Rafele
Keyword(s):  
Supply Chain ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Industry 4.0 ◽  
Human Life ◽  
Digital Technologies ◽  
Main Research ◽  
Lean Principles ◽  
Organizational Issues ◽  
The Impact

The development of digital technologies in all aspects of human life leads to increasing the necessity for investigating them in the Supply Chain (SC) as the main channel to provide products. Moreover, Lean principles, with the aim of reducing wastes, could be one of the main research streams in SC in recent years. Therefore, it is valuable to figure out the mutual effects of Lean principles and digital technologies as two growing areas in SC. Previous works did not pay attention to investigating this relationship at the SC level and were more focused on the production level. However, the present work addresses this issue by conducting a multi-perspective Systematic Literature Review (SLR). Additionally, in the present SLR, the impact of individual Industry 4.0 technologies in relation to Lean principles was investigated from various SC perspectives. The results reveal the necessity of studying single SC processes in Lean Digital SC. Moreover, the applicability of each technology should be illustrated to alleviate SC operational and organizational issues. The results provide useful insights about applying single digital technologies as well as a combination of them to each SC process to solve specific issues.

scholarly journals Digitalization of Industry and Education

2021 ◽  
Vol 346 ◽  
pp. 03050
Author(s):  
Mariya Ostapenko ◽  
Vladlena Nazarova
Keyword(s):  
Artificial Intelligence ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Human Life ◽  
Cyber Physical Systems ◽  
Physical Systems ◽  
Fourth Industrial Revolution ◽  
Industry And Education ◽  
The Impact ◽  
Plm System

The fourth industrial revolution, associated with the introduction of robotics, cyber-physical systems, artificial intelligence, neural networks, affects all spheres of human life. There is a need for specialists with the appropriate skills. The article discusses the elements of Industry 4.0: Internet of Things, robotization, PLM system. The impact of digitalization on the educational sector is also considered.

scholarly journals The Impact of Covid-19 on Food Security. A qualitative analysis of the rise in London’s existing food insecurity due to the financial impact of Covid-19

2021 ◽  
Vol 12 (1) ◽  
pp. 40-50
Author(s):  
Leandra Geyser
Keyword(s):  
Food Security ◽  
Food Insecurity ◽  
Working Hours ◽  
Financial Impact ◽  
Vulnerable Groups ◽  
Health Crisis ◽  
Global Food Security ◽  
The Government ◽  
The Uk ◽  
The Impact

Background: The lockdown, enforced by government to limit the spread of Covid-19, has resulted in economic standstill equating to decreased working hours, pay cuts and job losses which has caused an increase in food insecurity. In the latest global food security report, 3.4 million people in the UK alone were found to be moderately to severely food insecure. Since the lockdown began, 8 million people have reported food insecurity which disproportionately effects those most vulnerable. This study aims to determine who these vulnerable groups to food insecurity are in the UK and what needs to be done to facilitate positive change and minimise future inequalities. Methods: This observational quantitative study makes use of the Understanding Society Covid-19 survey data which forms part of a longstanding longitudinal study that has acted as a representative of all households within the UK since 2009. Access to raw data was granted by the UK Data Service and was analysed using the appropriate SPSS tests. The original sample was stratified to be representative of London, which then consisted of 1849 respondents. Selected questions relating to financial and food bank use were analysed using SPSS and compared between February (pre-lockdown) and April (post-lockdown). Results: Black, Asian and Minority Ethnic (BAME) respondents and those not born in the UK had significantly less monthly income than their counterparts in February and remained significantly lower during the lockdown. These groups also had an increased dependency on foodbanks since the start of the pandemic. Conclusion: BAME communities and those not born in the UK are revealed to be the most vulnerable groups to food insecurity. The government has taken steps to mitigate the negative financial impact of the pandemic for some, yet many had to rely on non-governmental organisations (NGOs) to fill in the gaps. The current health crisis provides an opportunity for change and the UK government should act now to prevent many more becoming victims to food insecurity.

THE INFLUENCE OF DIGITALIZATION ON THE GLOBAL PROFESSIONAL TRANSFORMATION OF THE LABOR FORCE

2021 ◽  
Vol 298 (5 Part 1) ◽  
pp. 92-98
Author(s):  
Anatolii RUMIANTSEV ◽  
Tetiana KOVBYCH ◽  
Keyword(s):  
Labor Market ◽  
Labor Force ◽  
Informal Economy ◽  
Social Life ◽  
Skilled Workers ◽  
Structural Problems ◽  
International Trends ◽  
Wide Range ◽  
The Impact ◽  
Professional Transformation

The article considers the main directions of the impact of digitalization on the global professional transformation of the workforce. The main attention is paid to structural problems of employment, labor market reform and its segmentation, consequences of introduction of automatic telephone systems, computer automation of production, processes of interaction of virtual workers, expansion of electronic workplaces, gender tendencies in digitalization of labor force and electronic work tools. Actions to eliminate illegal migration and reduce the share of the informal economy are considered and proposed. In the process of global professional transformation of the labor force, the system of values changes, material things are replaced by intangible ones. Informatization and intellectualization of the economy and social life is becoming a major driver that requires highly educated, highly skilled workers, as well as favorable ways to create favorable conditions for the optimal functioning of the single labor market. After all, the transformation of the labor market in the world depends on the influence of a wide range of factors and is characterized by a number of features. The change in demand for labor is determined by structural changes in national economies, the development of which is largely due to the deepening of globalization processes. Transformational processes in the international labor market and changes in the structure of employment remain little studied, and therefore are quite relevant today. Particular scientific attention needs to be paid to issues that are directly related to the assessment of qualitative changes in the functioning of the labor force and reflect the current international trends in its genesis in the context of digitalization. Theoretical and factual basis of this research is also the peculiarities of regulation and operation of the labor market in the most developed integration group such as the European Union (EU). First of all, the significant increase in the number of normative and legal documents regulating the legal basis for the use of the labor market in the EU countries and aimed at its reform is noteworthy.

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