Today’s Labor Market: Globalization

WorkQuest
Mar 24, 2022

🌐 Globalization is contributing to increased labor market integration and a narrowing wage gap between workers in advanced and developing economies: especially through the spread of technology.

This begs the question: what is driving labor market globalization? The current situation results from the following factors:

🔸 International population migration
🔸 Rapid growth of global trade and direct foreign investment flows
🔸 Rapid technological changes
🔸 Global infrastructure development

WorkQuest aims to play an instrumental role in solving the problem of unemployment by simplifying the search for reliable employees and honest employers via a single interface application.

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WorkQuest

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