The Impact of Informatization of Society on the Labor Market

Oleksandr Yashchyk (), Valentyna Shevchenko (), Viktoriia Kiptenko (), Oleksandra Razumova (), Iryna Khilchevska () and Maryna Yermolaieva ()
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Oleksandr Yashchyk: Ternopil Volodymyr Hnatiuk National Pedagogical University, Ternopil, Ukraine
Valentyna Shevchenko: Alfred Nobel University, Dnipro, Ukraine
Viktoriia Kiptenko: Taras Shevchenko Nataional University of Kyiv, Kyiv, Ukraine
Oleksandra Razumova: Taras Shevchenko National University of Kyiv, Kyiv, Ukraine
Iryna Khilchevska: Taras Shevchenko National University of Kyiv, Kyiv, Ukraine
Maryna Yermolaieva: Poltava State Agrarian University, Poltava, Ukraine

Postmodern Openings, 2021, vol. 12, issue 3Sup1, 155-167

Abstract: 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.

Keywords: globalization; digitalization; economy; information and communication technologies; labor resources; labor market; post-industrial society; digital labor market; teleworking (search for similar items in EconPapers)
JEL-codes: I2 O0 Y3 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev3rl:v:12:y:2021:i:3sup1:p:155-167

DOI: 10.18662/po/12.3Sup1/357

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