Abstract: the article discusses the main trends that are observed in the world labor market in connection with the digital revolution 4.0. The problems related to changes in the labor market are considered: the emergence of new professions, mass digitalization of companies’ activities, the formation of new requirements for personnel, and the emergence of new forms of employment.
Information technologies transform the global labor market, determine the formation of its digital segment, and transfer jobs to the information space. There is an increase in the digital supply of labor, thanks to the possibility of connecting employees to the global network digital space, which increases competition between them. Digital technologies lead to the development of virtual labor migration, which occurs without actually changing the place of residence of employees. This, in turn, helps to move the social and labor relations between the employer and the employee to the Internet.
At the same time with the processes of digitalization in the global labor market, total unemployment is growing. The highest unemployment rate is found in two groups of countries: the least developed countries and the developed countries that have not overcome the consequences of the financial and economic crisis yet. Developed countries are characterized by technological unemployment. The situation with unemployment is complicated by the formation of a new layer of the population-economically inactive youth. This problem is especially true in European countries with developed economies, as well as recently in China, where the share of young people in the population structure exceeds the global average.
The article summarizes the world experience in regulating the situation on the labor market and forms the main trends of 2020, which should be expected in the Chinese labor market as the largest in number and the fastest in development.
Keywords: new spheres of employment, international labor market, digitalization, new professions, ICT technologies, China