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Modern Labor Market in the Conditions of Digital Economy Development

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Proceeding of the International Science and Technology Conference "FarEastŠ”on 2020"

Abstract

The labor market is a fundamental element of the economy of any country, and the functioning of the national economy depends on its dynamics and condition. The article analyzes the problems and trends in the field of the labor market in the context of the formation and development of the digital economy. Based on the data obtained, a number of key recommendations have been compiled to eliminate existing problems and improve the situation of labor market in the world. The basic professional competencies that an employee should possess in the modern world are considered. A decision-making method based on stochastic factor analysis when choosing the measures necessary for implementation in the labor market is proposed.

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Acknowledgements

The authors are grateful to students of the Faculty of Economics at RUDN University for their active participation in the survey, on the basis of which the author's study was built.

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Ā© 2021 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Veselko, A.A., Gaurav, S. (2021). Modern Labor Market in the Conditions of Digital Economy Development. In: Solovev, D.B., Savaley, V.V., Bekker, A.T., Petukhov, V.I. (eds) Proceeding of the International Science and Technology Conference "FarEastŠ”on 2020". Smart Innovation, Systems and Technologies, vol 227. Springer, Singapore. https://doi.org/10.1007/978-981-16-0953-4_10

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