Generation Z is changing the usual rules of the game, and artificial intelligence is already beginning to influence the demand for specialists.
In June, unemployment in Belarus reached a historical low and dropped to 2.1%. Still, does this mean that everything goes well on the labor market?
Tochka.by asked analyst at the Belarusian Institute of Strategic Research Iryna Rusak to explain what is happening with employment in the country and what trends are visible in the market.
What statistics hide
As Iryna Rusak specifies, the Belarusian labor market is now stable and showing signs of growth. However, it still remains sensitive to seasonal and industry factors.
Seasonality, by the way, was one of the reasons for record low unemployment in June. This is natural for the summer, when agriculture farming traditionally requires more workers.
However, in certain areas the situation is different. If there is still a shortage of workers, then there are already more representatives of intellectual and office work in a number of industries than required.
“This is most clearly manifested in IT. According to the website rabota.by, there are on average 24.5 resumes per vacancy,” Iryna Rusak highlights.
Personnel are also unevenly distributed throughout the country. Higher earnings continue to attract residents of other regions to Minsk.
This trend is especially noticeable in the field of passenger transportation. Due to the high demand for taxi services, drivers from the Vitebsk and Brest regions are increasingly coming to the capital to earn extra money.
How the labour market is changing
The change of generations makes noticeable adjustments. According to Iryna Rusak, with the arrival of generation Z, not only expectations from work have changed, but also the overall format of employment.
“Representatives of this generation set life priorities differently and value free time more. Therefore, young professionals often find it difficult to work on the usual 8-hour schedule. More often they choose flexible, remote or part-time work,” the expert states.
Another notable trend is related to the development of artificial intelligence. As the expert points out, the introduction of AI is already leading to a reformatting of the IT market and a decrease in demand for novice specialists.
“This is a global trend that is gradually manifesting itself in Belarus,” says the expert.
According to her, as artificial intelligence spreads, some specialists may face the fact that their skills will not be in demand. Therefore, it is now important to think about how to adapt to the new realities of the labour market.
Source: ТОЧКА
