Technology and labour market in the European Union

Journal Title: Economics, Management and Sustainability - Year 2017, Vol 2, Issue 1

Abstract

Nowadays, the digital economy represents the main engine of innovation, competitiveness and growth potential at European level, being a real opportunity for entrepreneurs and Small and Medium Enterprises (SMEs). The faster a company embraces technology, the more successful it can become. Technology dominates the present times more and more, preparing new and challenging horizons, leading the world to a new dimension, improving our lives in all the possible ways. Technology holds a real challenge for the labour market which, on the one hand, should adapt to the new pace imposed by computers and smart devices. On the other hand, there is an increasing and stringent demand of highly qualified personnel to get further the current “tech revolution”. In this context, it is interesting to study how the EU Member States have developed their infrastructure, education and which is the status of labour market in IT&C, using a cluster analysis applied on 2014 data obtained from Eurostat.

Authors and Affiliations

Andreea Burciu

Keywords

Related Articles

Confrontation of economic politics

Keynesianism is a national focused economic theory. The Keynesian theory builds on the assumption that prices and wages are sticky sizes evolves imbalance; high inflation or deflation follows. This in combination with va...

Challenge of mitigating bank frauds by judicious mix of technology: Experience of a developing country

Banks are the engines that drive the operations in the financial sector, money markets and growth of an economy. With the rapidly growing banking industry in India, frauds in banks are also increasing fast, and fraudster...

The organizational fundamentals of innovation development management of agro-industrial enterprises

Modern prospects of innovation activities at agro-industrial enterprises and the conditions of innovation diffusion have been discussed. The main structure forming elements of organizing innovation activities have been c...

The evaluation of effective criteria on site selection for energy production units from cellulosic biomass in Iran

Both Analytical Hierarchy Process (AHP) and benefits, opportunities, costs and risks (BOCR) techniques were used successfully to evaluate the effective criteria on site selection for energy production unit development fr...

The impact of active labor market policies on the employment outcomes of youth graduates in the Tunisian governorates

In this paper, we analyze the impact of determinant factors on the employment of youth graduates in Tunisian governorates, and the effectiveness of active labor market policies. Our main objective is to identify the rela...

Download PDF file
  • EP ID EP223928
  • DOI 10.14254/jems.2017.2-1.3
  • Views 92
  • Downloads 0

How To Cite

Andreea Burciu (2017). Technology and labour market in the European Union. Economics, Management and Sustainability, 2(1), 36-42. https://europub.co.uk/articles/-A-223928