UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 4
April-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2404295


Registration ID:
536423

Page Number

c887-c901

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Title

Navigating the Shift: Exploring the Impact of Technological Innovation on Labour Markets

Abstract

The profoundly small period of technological development in the current century has dramatically affected the labour markets in most countries, leading to an unparalleled transient and uncertainty development. This writing evaluates the wide-ranging effect of technological advancement on job markets, emphasizing topics like automation, remote work, reskilling, inequality, and the world of work, respectively. With a wide-ranging literature review as well as empirical analysis we were capable to reveal both obstacles and opportunities arising from the tech disruption, thus, offer strategies of dealing with the new world of work. The level reached by automation and artificial intelligence led to many concerns regarding job displacement in the traditional sectors, making us question the nature of employment and the income gap. Nevertheless, the same brings a chance of appearance of new job roles and the utilization of agile work practices which are made possible by progress in remote connectivity and digital platforms. And in this direction, the lifelong learning and upskilling are the imperative parts of adapting to the changing job needs and the technological developments. At this stage, inequality and digital divide are realities that have to be dealt with to achieve equality and fairness in the digital era. Social policies and projects which help to narrow the social and divides and promote digital literacy are vital since we must take care that no one would be left behind in the movement towards progress. In addition to this, the rising numbers of workforce moving around the globe benefiting from technology are also a challenge. Therefore, there is a need to enact legal structures and cross-border cooperation. Finally, adopting innovation, putting creativity into practice, and boosting a culture of knowledge will help to realize the transformative capacities of technology to have a labour market that protects, enhances and guarantees better services for people of all generations.

Key Words

Technological innovation, labour markets, automation, remote work, upskilling, inequality, digital divide, global workforce mobility, digital platforms, lifelong learning.

Cite This Article

"Navigating the Shift: Exploring the Impact of Technological Innovation on Labour Markets", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.c887-c901, April-2024, Available :http://www.jetir.org/papers/JETIR2404295.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Navigating the Shift: Exploring the Impact of Technological Innovation on Labour Markets", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppc887-c901, April-2024, Available at : http://www.jetir.org/papers/JETIR2404295.pdf

Publication Details

Published Paper ID: JETIR2404295
Registration ID: 536423
Published In: Volume 11 | Issue 4 | Year April-2024
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.38809
Page No: c887-c901
Country: GUWAHATI, ASSAM, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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