Alternatives of how to prepare for the future labor market


From time immemorial, one of the crucial questions of mankind has been what the future has in store for us. The future, however, has remained unfathomable up to this day, and even future studies promises only as much as prognosticating what is likely to continue and what will plausibly change in the world. Thus, no wonder, that already the first “real” economists of the 18th century (Adam Smith et al.) considered the creation of the future model of labor economy as a challenge. At the present era of modern labor market, this task is closely connected with the future status of labor market since in a consumer society income acquired by work forms the basis of satisfying needs (Ehrenberg – Smith 2003, Galasi 1994).

We are not saying anything new by stating the fact that the demand for labor force is determined by new places of work and that an ideal supply of labor force must be adaptable to the requirements of demand. To meet requirements and to be adaptable is possible only if we are armed with the necessary competencies and capital (Hodges – Burchell 2003, Bourdieu 1998). The question, to what extent students in higher education are prepared for changes in the demand for labor force, arises at this point. What can young people expect on the labor market in this ever changing world? What kind of job opportunities and work conditions are there for them, and how much are they prepared to face these changes?