Analyzing labor market dynamics in industry 4.0 : an economic and sociological bibliometric study

Abstract

PURPOSE: The article examines the vast literature on the labour market in the context of Industry 4.0, as well as highlights main contemporary research streams on this issue. This encompasses an examination of the impact of Industry 4.0 on labour markets, including the key technological elements of Industry 4.0 integrated with the labour landscape, as well as identifying opportunities and challenges.

DESIGN/METHODOLOGY/APPROACH: The article presents findings from a comprehensive bibliometric analysis which allowed to gather a sample of 3,815 publications until July 2023.

FINDINGS: The results show a growing research interest in studies on the labour market and Industry 4.0. Findings reveal the following challenges job preservation; the necessity of retraining employees; occupational safety integration; skill polarization and the increased demand for highly skilled employees.

PRACTICAL IMPLICATIONS: In contrast, benefits include supporting workers in a production environment; enhancing the effectiveness of the training system; supporting occupational health, safety, productivity and improving ergonomics in the workplace.

ORIGINALITY/VALUE: The originality of this study lies in a comprehensive examination of the relationship between the labour market and Industry 4.0. What is more, our research is not limited to one discipline as was the case with other studies.