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    28 of June, 2016Research year: 2016
    Labor market trends of the future

    The development of machines and algorithms launched a new industrial revolution that is taking place today. However, there are concerns that society will adapt to this process slower than it did to the previous industrial revolutions or even may not be able to adapt at all. The reason of these assumptions is the exponential acceleration of development. The process could bring serious changes to the labor market. On the one hand we can expect that some professions will cease to exist new ones will come about; on the other hand it can change the distribution of workforce among occupations. The modernization of education could help society to prepare for these changes, but it seems we cannot keep up with this development.

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    Related research fieldMacroeconomy