Changing Competency Expectations in the Labor Market

Absztrakt

The labor market has undergone radical transformations recently, influenced by technological advancements, globalization, and social changes. Although labor market forecasts from 10–15 years ago already anticipated significant transformations, events of the past five years—notably the COVID-19 pandemic and the acceleration of digitalization—have further emphasized the importance of workers' adaptability and skills (IFTF 2011; PwC, 2017; Manpower, 2016; World Economic Forum 2016, 2023, 2025; Cedefop, 2023; OECD, 2024). The development of the labor market competencies is currently shaped by three key factors: technological advancements, economic transformations, and social changes. The labor market transformations presented in this study necessitate adaptation from all labor market stakeholders, including employers, employees, and educational institutions responsible for workforce preparation. As stated in the World Economic Forum report, "Given the rapid pace of change, disruptions to business models almost simultaneously impact employment and the demand for new skills, necessitating urgent and coordinated efforts for adjustment." (WEF, 2025, 8). As a result of technological, economic, and societal transformations, industries are adapting, workplaces are restructuring employment models, and the nature, location, and content of work are evolving. Many occupations are undergoing fundamental transformations, requiring the acquisition of new knowledge and competencies.