MARCH 2022

New employment and the security of citizens’ incomes

For over two years, the world has been living with coronavirus, which has been a tough stress-test for many sectors of the economy. We are yet to make sense of or learn to overcome the labour market crisis caused by the pandemic. We aren’t just talking about the impact of automation on the number of vacancies or the emergence of jobs of future (i.e., “careers on the horizon”). We’re talking about the transformation of employment itself: mass remote working, mass self-employment, package and platform-based employment and the gig economy. Gone are the days when the labour market was defined by the typical employee-employer model. The employment market of today is more a system of relations in which orders are paid for by various business entities. Some key observations are as follows:
● Large groups of people and whole regions have found themselves plagued by severe staff shortages across a wide range of vacancies/employment types;
● New forms of vocational education have developed at an accelerated rate;
● Labour migration (both internal and external) is undergoing significant changes;
● Demand for labour productivity solutions is dramatically increasing.
Labour becomes more expensive wherever there is development. The world of work will not go back to the way it was. In industry, this extensive type of employment development has become mainstream.
What we need are new staff planning solutions and new staffing models. How will the economy and the labour market develop? Find out at the VI Saint Petersburg International Labour Forum on March 17-18, 2022.


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