Science/Economics paper by Németh, Julianna
Labor Market Polarization Trends and Future Challenges (Accepted)
Type of Abstract (select):Abstract (max. 250 words):
One of the critical research areas of human capital theory and evaluation is the investment in human capital. This topic analyses the introduction of the effects of education on higher wages. This paper has a new approach. The need for skilled labor is more significant in the labor market because of economic development. Neither the American nor other developed countries’ education system can keep pace with the growth rate and they are not able to satisfy the labor market with skilled enough workers. The increase in the employment level is polarizing with the new job opportunities and because of that, there are more and more high-skilled, high-paid and low-skilled, low-paid jobs. The aim of this article to introduce the reasons behind job polarization with the help of international literature from the last two decades. The paper focuses on the American and European labor market trends to show a more comprehensive picture than the previous researches to help the Hungarian policy-making process for future development to decrease the income-based differences.
Brief Professional Bio (max. 100 words):
Julianna Németh graduated in 2014 in Economics, Applied Management, at the University of Pécs, Faculty of Business and Economics. From 2014 to 2017 she continued her studies, participating in the doctorate program. She is an assistant lecturer since the beginning of February 2018, in the Department of Leadership and Organizational Sciences. Her main lectures are leadership and organizing, management and leadership, organizational behavior, human resource management and introduction to management. Her primary interest areas were influenced by the fact that during her management studies, she finished her finance and accounting degree as well. Her main research areas are the models of human capital evaluation and wage regressions.