Issue №4, 2021

          

The Impact of the Digital Economy on the Tansformation of the Labor Market

 

DOI: 10.34130/2070-4992-2021-1-4-426

Full article  (in English English (United Kingdom))

Мorozova N. N. — PhD in Economics, Associate Professor, Associate Professor at The Department of economy of enterprises of The Academy of Public Administration under the aegis of the President of the Republic of Belarus, Minsk, Republic of Belarus, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The transformation of the labor market is taking place due to the influence of the digital economy, which is being formed both as a result of the development of digital technologies and has accelerated the processes of using remote forms of employment caused by the pandemic that has engulfed the whole world. The digital economy is actively developing all over the world, involving an increasing number of countries in changing processes and modifying traditional forms of production, employment and consumption. The ongoing changes require the formation of fundamentally new skills and competencies in people, which are important for the creation, dissemination and use of digital technologies in everyday human life. The current situation certainly confirms the relevance of the chosen topic of scientific research. Economic in-stability in the context of the pandemic has affected all spheres of human activity. Due to the limitations that have ap-peared in the current conditions, COVID-19 has become the strongest catalyst in the process of introducing modern tech-nologies that contribute to changes in lifestyle, models and business strategies, forms of employment through the emergence of remote work and the creation of “remote relationships” between employees and their employers. This type of employment has become the norm not only for multinational companies due to travel restrictions and quarantine measures, but also for ordinary firms. The scientific study examines the problems of adaptation processes in the labor market and the formation of new requirements for the workforce. The purpose of the research is to substantiate the prospects for the de-velopment of the labor market and identify criteria in the digital economy. This was due to the study of the theoretical and methodological component of the digital economy, the identification of network readiness, the assessment of the state and mechanism of regulation of the labor market in modern realities. Economic-statistical and analytical research methods were used in the work. The result of the conducted research and the corresponding scientific contribution is the theoreti-cal substantiation of the essence of the digital economy and its impact on the forms of employment in the labor market. The application of the results will help to avoid an imbalance in the labor market and will be taken into account: during the development of programs for the development of active and passive employment policies and forecasting the state of the labor market of the Republic of Belarus at the regional and national levels; when adjusting the need for personnel and the transformation of educational programs by educational institutions; to implement breakthrough technological pro-jects implementing the use of non-standard forms of employment that will be in demand in the future as part of the im-plementation of the State Program “Labor Market and Employment Promotion” for 2021-2025 in the Republic of Belarus; when developing a mechanism for operational scenario adjustment of the business system strategy to the parameters of the turbulent external environment.

Keywords: labor market, flexible forms of employment, digital economy, digitalization, transformation, pandemic, information and communication technologies.

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For citation: Мorozova N. N. The impact of the digital economy on the transformation of the labor market. Corporate Governance and Innovative Economic Development of the North: Bulletin of the Research Center of Cor-porate Law, Management and Venture Investment of Syktyvkar State University, 2021, vol. 1, issue 4. Р. 426—434. DOI: 10.34130/2070-4992-2021-1-4-426 (In Russian).