The (Post)Pandemic Employment Model
Ana-Maria Ciuhu
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Ana-Maria Ciuhu: Institute of National Economy - Romanian Academy; National Institute of Statistics
Chapter Chapter 7 in The Economic and Social Impact of the COVID-19 Pandemic, 2024, pp 169-182 from Springer
Abstract:
Abstract The year 2020 was a historic turning point, shaped by the COVID-19 pandemic and the digital revolution. This chapter explores how these forces have reshaped the employment landscape, with a focus on Romania. Before the pandemic, work was often rigid, with an 8-h workday in physical offices. However, the pandemic brought swift changes, introducing flexibility in where and when work takes place. Teleworking became the norm, challenging the traditional 5-day workweek, with the 4-day workweek gaining traction. Global companies like Unilever and Microsoft had already experimented with the 4-day workweek, proving its potential to boost productivity and employee satisfaction. Its wider adoption could drive post-pandemic recovery, offering benefits for both companies and employees. The pandemic also accelerated automation in Romania, streamlining tasks and optimising resource allocation. Artificial intelligence and artificial general intelligence are reshaping employment. This chapter concludes by examining job transformation due to automation, highlighting both opportunities for upskilling and concerns about job displacement. Insights from an OECD survey shed light on AI’s impact in finance and manufacturing sectors. In summary, this chapter navigates a changing employment landscape influenced by the pandemic and digitalisation, emphasising the need for proactive measures to ensure a fair and productive future of work.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-47780-5_7
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DOI: 10.1007/978-3-031-47780-5_7
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