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Impact on the Labor Market

In: Resetting Human Resource Management

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  • Hermann Troger

Abstract

In the coming years and decades, the demographic shifts discussed in the previous chapter will primarily have a direct impact on the working-age population. For the labor market, four aspects will be especially important: the general availability of workers, their age, their qualifications, and where they come from. Given the many different and sometimes disruptive developments in the labor market over the past 10 years, it is difficult to forecast what tomorrow’s labor market will look like. Our already highly complex VUCA and Work 4.0 world has been further complicated by the onset of the pandemic-induced recession in 2020.

Suggested Citation

  • Hermann Troger, 2022. "Impact on the Labor Market," Management for Professionals, in: Resetting Human Resource Management, chapter 2, pages 19-58, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-06166-0_2
    DOI: 10.1007/978-3-031-06166-0_2
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