The Labour Market in the New Information Economy

Abstract

The extension of information and communication technologies to economic activity is changing the labour market in important ways. This article shows that computerization and use of the Internet are associated with greater hours worked as well as higher wages; that IT occupations are rapidly increasing their share of employment; that job search and recruitment are moving rapidly to the Web, with consequences for matching employers and employees; and possibly most important of all, that trade unions have begun to use the Internet as a tool for servicing members and carrying their message to the public, raising the possibility of a major change in the nature of the union movement.

The Use of the Internet and Development Perspectives of Labour Market in Serbia

“…Computer use is positively associated with hourly earnings [1]. ere is mixed evidence related to the usage of the Internet and wage premium.…”

“…ere is mixed evidence related to the usage of the Internet and wage premium. Some analyses show positive link between the usage of the Internet and hourly earnings [1], while some other references show neutral or opposite results. At the beginning of 2000s, there was nearly 80% increase in the usage of the Internet at work, which was not followed by wage changes [8].…”

“…e Internet can be used as a tool for servicing members and distributing their message to the public. It raises the possibility for large scale changes, in the nature of the union movement [1]. Trade unions, which are able to e ectively use the Internet, can reach much wider population than it was the case before.…”

“…is argument also suggests that labour market is not becoming more inclusive in the Internet era. In the last few years, there have been several examples of job portals in India, specialized in jobs for low quali ed workers, which show/ have shown a positive trend in inclusion sense, but it is still not the overall trend [1].…”

“…It is mostly visible in OECD countries that developed substantial Internet access and high-tech sectors [1]. Bearing in mind country specializations and the trend of global outsourcing, the Internet provides an opportunity to countries like India and Brazil to develop intensively IT workforce, that could be employed by local and international companies, nally providing services for the third parties in developed countries [4].…”