Technological progress and the labor market: effects on employment, unemployment and working time

Технологический прогресс и рынок труда: влияние на занятость, безработицу и рабочее время

Lopatina, Marina (Лопатина, Марина) (), Lyashok, Viktor(Ляшок, Виктор) () and Tatyana Maleva
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Lopatina, Marina (Лопатина, Марина): The Russian Presidential Academy of National Economy and Public Administration
Lyashok, Viktor(Ляшок, Виктор): The Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: This work is devoted to considering the impact of modern and future technologies on the labor market. It was analyzed how the expectations of mass unemployment in Russia and the world are justified, and what other consequences technological innovations may have for the labor market. Special attention was paid to measures taken by government policy on the labor market. An analysis of more than 200 programs conducted by employment services in the countries of the European Union led to a paradoxical conclusion: despite constantly voiced intentions to reform the main labor market policies, the European employment services continue to use a standard set of practices. In general, these are traditional measures that have nothing to do with the Fourth Industrial Revolution. Russian studies do not find the contribution of technological change to the Russian labor market. However, taking into account the peculiarities of the labor market in Russia, it can be assumed that the adjustment to technological changes will occur not through the channel of employment and unemployment, but through the adjustment of wages.

Pages: 37 pages
Date: 2020-03
New Economics Papers: this item is included in nep-age, nep-gen and nep-ias
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