Finding the balance in the changing labour market

The development of the European Union economy and social environment during Industrial Revolution 4.0 imposed significant changes to the labour market. Each of the main characteristics of Industry 4.0 has its own impact over the standard employment forms of dependency. The globalization and free movement of people, goods and services led to rearrangement of the labour force and increasing lack of personnel. The strongly protected and regulated EU competition environment have resulted in the emergence of huge number of small enterprises and startups with limited financial recourses and fast development, especially in the digitalized business processes. The technologies’ impact over the personal life and growth marked the new generation at the labour market as millennials.

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