Ukrainian labor market in the context of digitalization, the Covid-19 pandemic and martial law

Authors

Iryna Dashko
Zaporizhzhia National University, Ukraine
https://orcid.org/0000-0001-5784-4237
Ievgeniia Mishchuk
Kryvyi Rih National University, Ukraine
https://orcid.org/0000-0003-4145-3711
Viktoriia Somchenko
Zaporizhzhia National University, Ukraine
https://orcid.org/0000-0003-4860-0964
Lubomir Mykhailichenko
Zaporizhzhia National University, Ukraine
https://orcid.org/0000-0003-3545-0805
DOI: https://doi.org/10.15587/978-617-8360-10-8.ch3

Keywords:

unemployment, Covid-19 pandemic, war in Ukraine, retraining, socio-economic development, innovation, digitalization, digital economy, remote work, flexible labor market, human capital, creative class, labor market transformation

Synopsis

Many Ukrainians lost their jobs at the beginning of the Covid-19 pandemic and during the fullscale war. At the moment, some of them physically have no place to work due to the occupation of Ukrainian territories by the Russian Federation, and many simply fled their cities from the bombing, leaving their homes and places of work behind. And now the number of workers and entrepreneurs who are actually out of work is in the millions. Obviously, some of the temporarily unemployed will find new jobs abroad or in Western Ukraine, and some businesses will adapt to the new conditions to some extent, thus providing employment. Without retraining, most unemployed people will not be able to maintain their social and income level.

In the 21st century, international socio-economic development has acquired new characteristics, including rapid development of technology, innovation and digitalization, the growing importance of the service sector, and accelerating globalization. The transition to the information society in the context of changes in communication technologies and motivation of labor activity implies a serious change in labor relations, the emergence of "long-distance relations" between employees and employers and the intensification of remote work, i.e., it is possible to say that there is a process of decentralization of labor movement in time and place, namely, the process of a flexible labor market is being formed. It can be assumed that the digital economy will eventually increase the share of intellectual labor compared to traditional physical labor, which will make it possible to make greater use of non-remote employment and atypical types of employment that are becoming increasingly in demand.

The most important factor in the development of the knowledge economy is human capital, in particular its creativity and talent, which is expressed in new creative ideas and perspectives. Creative human capital, in turn, is the core of the creative class, a social stratum engaged in science, technology and the arts, whose work results in innovative products and services. So, it is safe to say that the Ukrainian and global labor market will not remain unchanged, and while we used to depend directly on the external environment, today it is the war in Ukraine that is changing the old standards, principles and paradigms on which the economy and labor market functioned.

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PROSPECTS FOR THE DEVELOPMENT OF THE STATE ECONOMY THROUGH ITS DIGITAL TRANSFORMATION AFTER THE RUSSIAN-UKRAINIAN WAR IN THE PANDEMIC OF COVID-19
PROSPECTS FOR THE DEVELOPMENT OF THE STATE ECONOMY THROUGH ITS DIGITAL TRANSFORMATION AFTER THE RUSSIAN-UKRAINIAN WAR IN THE PANDEMIC OF COVID-19

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December 1, 2024

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Copyright (c) 2024 Iryna Dashko, Ievgeniia Mishchuk, Viktoriia Somchenko, Lubomir Mykhailichenko

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How to Cite

Dashko, I., Mishchuk, I., Somchenko, V., & Mykhailichenko, L. (2024). Ukrainian labor market in the context of digitalization, the Covid-19 pandemic and martial law. In A. Cherep (Ed.), PROSPECTS FOR THE DEVELOPMENT OF THE STATE ECONOMY THROUGH ITS DIGITAL TRANSFORMATION AFTER THE RUSSIAN-UKRAINIAN WAR IN THE PANDEMIC OF COVID-19 (pp. 64–90). Kharkiv: TECHNOLOGY CENTER PC. https://doi.org/10.15587/978-617-8360-10-8.ch3