Online job postings indicate that demand from top tech firms for frontier IT skills is about double their demand for other IT skills. This could indicate increasing concentration of skills in a few firms, with other firms left behind.
Policymakers should act to deal with labour-market concentration trends that potentially harm workers, especially gig workers and the self-employed.
More remote working in the wake of the pandemic could exacerbate wage inequality, with young workers, women and the low educated potentially losing out.
Post-pandemic hybrid work models should be carefully planned, taking into account individual and organisational needs.
What challenges and opportunities does technology bring to the labour market?
Algorithmic management is the twenty-first century’s scientific management. Job quality measures should be included explicitly in health and safety risk assessments for workplace artificial-intelligence systems.
This report explores the distribution of household wealth in the EU Member States and analyses the role of wealth in social mobility.
Less-educated workers have suffered most from job losses in the COVID-19 pandemic, and it is quite likely there was a significant increase in European Union income inequality in 2020.
The experiences of the self-employed could give a glimpse into the future of work for knowledge workers in a post-pandemic world.
Workers with low-educational levels suffered far worse than others in terms of COVID-19 related job losses during the first half of 2020 in the EU. Jobs for tertiary-educated workers even increased. Thus, the pandemic has increased income inequality, reinforcing the case for inclusive development.
Even before the pandemic, youth unemployment in the European Union was three times higher than among the over-55s. COVID-19 threatens to undo the last decade of progress: policymakers must act to avoid Europe’s youth suffering the scarring effect.
It is time that the highest political level focuses on the risk of a lost generation.