Top

Published in:

2020 | OriginalPaper | Chapter

2. Global Trends Shaping the World of Work

Authors : Ingrid Kofler, Elisa Innerhofer, Anja Marcher, Mirjam Gruber, Harald Pechlaner

Published in: The Future of High-Skilled Workers

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

Technology and demographic change are major trends influencing the present and future of work. Since their inception, digitization, automation and Artificial Intelligence (AI) have had an impact on work practices. While some activities and roles have been automated by machines and—increasingly—affected by algorithms, new tasks are arising and the labor market is changing. With demographic changes such as the aging and shrinking of industrialized societies and youth bulges and growing populations in emerging markets, national labor markets will be challenged. Migration, feminization and urbanization are subdevelopments affecting work. This chapter offers a macro view of current trends embracing the future of work and talents.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

previous chapter Discussion and Conclusion

next chapter The Jungle of Skills Mismatch

“A cyber-physical system (CPS) refers to the combination of IT, software and mechanical and electronic components that communicate via a data infrastructure such as the Internet” (Doleski & Aichele, 2014, p. 509).

Addabbo, T., Rodríguez-Modroño, P., & Muñoz, L. G. (2015). Gender Differences in Labor Force Participation Rates in Spain and Italy Under the Great Recession. Revista de Economia Mundial, 41: 21–42.

Bailey, A., & Mulder, C. H. (2017). Highly Skilled Migration Between the Global North and South: Gender, Life Courses and Institutions. Journal of Ethnic and Migration Studies, 43(16), 2689–2703. https://doi.org/10.1080/1369183X.2017.1314594.CrossRef

Boeri, T., Brücker, H., Docquier, F., & Rapoport, H. (2012). Brain Drain and Brain Gain: The Global Competition to Attract High-Skilled Migrants. Oxford: Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199654826.001.0001.

Bonin, H., Gregory, T., & Zierahn, U. (2015). Übertragung der Studie von Frey/Osborne (2013) auf Deutschland [Transfer of the study from Frey/Osborne (2013) to Germany]. Mannheim: ZEW.

Borjas, G. J. (1990). Friends or Strangers: The Impact of Immigrants on the US Economy. New York: Basic Books.

Bughin, J., Manyika, J., & Woetzel, J. (2017). Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation. McKinsey Global Institute, 150. https://doi.org/10.1002/lary.20616.

Czaika, M. (2018). High-Skilled Migration: Drivers and Policies. Oxford: Oxford University Press. https://doi.org/10.1093/oso/9780198815273.001.0001.

DESA, U.N. (2019). World Population Prospects 2019: Highlights. New York: United Nations Department for Economic and Social Affairs.

Doleski, O. D., & Aichele, C. (2014). Idee des intelligenten Energiemarktkonzepts [Idea of the intelligent energy market concept]. In C. Aichele & O. D. Doleski (Eds.), Smart Market. Vom Smart Grid zum intelligenten Energiemarkt, (pp. 3–51). Wiesbaden: Springer Vieweg. https://doi.org/10.1007/978-3-658-02778-0_1.

Fleming, P. (2019). Robots and Organization Studies: Why Robots Might Not Want to Steal Your Job. Organization Studies, 40(1), 23-38. https://doi.org/10.1177/0170840618765568.

Florida, R. (2003). The Rise of the Creative Class: And How It’s Transforming Work, Leisure, Community, and Everyday Life. New York: Basic Books.

Fossen, F., & Sorgner, A. (2019). Mapping the Future of Occupations: Transformative and Destructive Effects of New Digital Technologies on Jobs. Foresight and STI Governance, 13(2), 10–18. https://doi.org/10.17323/25002597.2019.2.10.18.CrossRef

Frey, C. B., & Osborne, M. (2013). The Future of Employment. Oxford Martin Programme on Technology and Employment. Retrieved November 11, 2019, from http://sep4u.gr/wp-content/uploads/The_Future_of_Employment_ox_2013.pdf

Frey, C. B., & Osborne, M. A. (2017). The Future of Employment: How Susceptible Are Jobs to Computerisation? Technological Forecasting and Social Change, 114, 254–280. https://doi.org/10.1016/j.techfore.2016.08.019.CrossRef

García de Soto, B., Agustí-Juan, I., Joss, S., & Hunhevicz, J. (2019). Implications of Construction 4.0 to the Workforce and Organizational Structures. International Journal of Construction Management, 1–13. https://doi.org/10.1080/15623599.2019.1616414.

Harris, J. R., & Todaro, M. P. (1970). Migration, Unemployment and Development: A Two-Sector Analysis. The American Economic Review, 60(1), 126–142.

Hatton, T. J., & Williamson, J. G. (2002). What Fundamentals Drive World Migration? In National Bureau of Economic Research (Cambridge, MA), Working Paper 9159.

Kaufmann, T. (2013). Geschäftsmodelle in Industrie 4.0 und dem Internet der Dinge: der Weg vom Anspruch in die Wirklichkeit [Business models in Industry 4.0 and the Internet of Things: the path from claim to reality]. Wiesbaden: Springer-Verlag.

Khilji, S. E., Tarique, I., & Schuler, R. S. (2015). Incorporating the Macro View in Global Talent Management. Human Resource Management Review, 25(3), 236–248. https://doi.org/10.1016/j.hrmr.2015.04.001.CrossRef

Lanvin, B., & Evans, P. (2017). The Global Talent Competitiveness Index 2017: Talent and Technology (B. Lanvin & P. Evans, Eds.). Fontainebleau.

Liboni, L. B., Cezarino, L. O., Jabbour, C. J. C., Oliveira, B. G., & Stefanelli, N. O. (2019). Smart Industry and the Pathways to HRM 4.0: Implications for SCM. Supply Chain Management: An International Journal, 24(1), 124–146. https://doi.org/10.1108/SCM-03-2018-0150.

Lloyd, C., & Payne, J. (2019). Rethinking Country Effects: Robotics, AI and Work Futures in Norway and the UK. New Technology, Work and Employment, 34(3), 208–225. https://doi.org/10.1111/ntwe.12149.CrossRef

Lundberg, S. (1985). The Added Worker Effect. Journal of Labour Economics, 3(1), 11–37.CrossRef

Marinescu, N. (Ed.). (2017). East-West Migration in the European Union. Newcastle: Cambridge Scholars Publishing.

Mayda, A. M. (2010). International migration: A panel data analysis of the determinants of bilateral flows. Journal of Population Economics, 23(4), 1249–1274.

Maynard Keynes, J. (1930). Economic Possibilities for our Grandchildren. Essays in Persuasion. New York: Harcourt Brace (1932), (pp. 358–373).

OECD. (2019). The New Immigrants Global Trends in Migration Towards OECD Countries Between 2000/01 and 2015/16. Retrieved November 25, 2019, from Migration Data Brief N°4 June website: https://www.oecd.org/migration/mig/Migration-data-brief-4-EN.pdf

Pouliakas, K. (2019). Automation Risk in the EU Labour Market. A Skill-Needs Approach (No. 11829). IZA discussion papers. Retrieved January 24, 2020 from IZA website: https://www.iza.org/publications/dp/11829/determinants-of-automation-risk-in-the-eu-labour-market-a-skills-needs-approach.

Prause, G., & Atari, S. (2017). On Sustainable Production Networks for Industry 4.0. Entrepreneurship and Sustainability Issues, 4(4), 421–431. https://doi.org/10.9770/jesi.2017.4.4(2).CrossRef

Richter, F. (2020). GAFAM: Women Still Underrepresented in Tech. Retrieved May 11, 2020, from statista website: https://www.statista.com/chart/4467/female-employees-at-tech-companies/.

Szalavetz, A. (2019). Digitalisation, Automation and Upgrading in Global Value Chains – Factory Economy Actors Versus Lead Companies. Post-Communist Economies, 31(5), 646–670. https://doi.org/10.1080/14631377.2019.1578584.

Tano, D. K. (1993). The Added Worker Effect: A Causality Test. Economic Letters, 43(1), 111–117.CrossRef

Tarique, I., & Schuler, R. S. (2010). Global Talent Management: Literature Review, Integrative Framework, and Suggestions for Further Research. Journal of World Business, 45, 122–133. https://doi.org/10.1016/j.jwb.2009.09.019.CrossRef

The World Bank. (2019). Labor Force Participation Rate, Female (% of Female Population Ages 15+) (Modeled ILO Estimate). Retrieved November 18, 2019, from worldbank website https://data.worldbank.org/indicator/sl.tlf.cact.fe.zs?end=2019&start=1990

Westmore, B. (2014). International Migration: The Relationship with Economic and Policy Factors in the Home and Destination Country (No. 1140). https://doi.org/10.1787/5jz123h8nd7l-en.

Zürcher, B. (2017). The End of Work. In B. S. Frey & D. Iselin (Eds.), Economic Ideas You Should Forget, (pp. 163–164). https://doi.org/10.1007/978-3-319-47458-8_71.

Title: Global Trends Shaping the World of Work
Authors: Ingrid Kofler
Elisa Innerhofer
Anja Marcher
Mirjam Gruber
Harald Pechlaner
Publisher: Springer International Publishing
Book: The Future of High-Skilled Workers
Print ISBN: 978-3-030-42870-9

Electronic ISBN: 978-3-030-42871-6

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-3-030-42871-6_2