INNOVATIVE TECHNOLOGIES AS A NEW SOCIAL CHALLENGE IN THE LABOR MARKET

The study aims to identify changes in the labor market resulting from the development of innovative technologies in the modern world. The article covers the following research questions: the disclosure of the essence of labor as an economic category and the definition of prerequisites for the introduction of innovative technologies in the workplace, the analysis of future innovative technologies implemented at workplaces, the study of possible changes in the structure of the labor market due to the digitalization of the economy, the forecast of possible job cuts caused by automation and robotization of industries. In the near future, digital technologies will change the labor market and working conditions throughout the world: automata and robots will replace a number of jobs in the labor market. The main reason for the change in the structure of the labor market is seen in the rapid spread of digital technologies, the automation of production and technological processes, and the ability to work remotely and save costs. A forecast of changes in the number of jobs on the basis of a mathematical model is made. It is proved that in modern conditions, the rapid development of innovative technologies and the digitalization of the economy cause global changes in the structure of the labor market, approaches to the organization of jobs, training requirements, retraining of specialists and their professional development, which determines the need to identify changes in the labor market as a result of the development of global innovative technologies. (c) 2019 Published by Future Academy www.FutureAcademy.org.UK