Digitalization, labor market and economic development

Digital technologies and digital competencies of employees have widened the gap both between those employed in different industries and between specialists within the same company, as well as in the level of development between individual countries. While creating social elevators, opportunities for advanced training, remote work, regardless of geographic and gender-and-age characteristics, they have called into question the possibility of “stable work”, dictating the need for constant retraining and acquiring new skills related to the use of digital technologies. This paper’s authors examine the impact of digitalization and automation on the labor market and economic development, systematize the trends in changing of the employment structure and the share of labor in value added, consider the problems of labor force release and ways to solve them, and the changing of the decent work concept in the digital economy.