Current Trends in the Labor Market Transformation Under the Influence of Environmental Factors

Abstract

The first half of 2020 has become interesting and unique in terms of the changes that have taken place. The declared pandemic has affected all areas of life in both developed and developing countries, where cases of coronavirus infection have been detected. The labor market, which was previously influenced by factors and products of technological progress, as a result of the manifestation of crisis phenomena was among the vulnerable areas. In this case, crisis phenomena are understood as the adoption of quarantine regimes and general self-isolation, restriction or complete suspension of the functioning of economic entities (small, medium and large businesses). As a result of the impact of many factors, the labor market is transformed, the priorities of popular professions are changed, some of them are “dying”, and some are just beginning to appear, becoming widespread. In this paper, based on the study of expert opinions (labor market) and analysis of information, the trends of the labor market are identified and potential changes in the requests of employers are described, which are interesting for potential applicants to study.