Labour ministry says work force must prepare for pending changes on labour market

Digitalisation will shake up the labour market in the next seven to eight years, Minister of Labour and Social Affairs Marian Jurečka told reporters. Jurecka said he expects that 300, 000 jobs will be lost because of digitization and another million positions will undergo a significant change requiring requalification. In the next 18 months the Labour Ministry wants up to 130,000 people to upgrade their competences in digital technologies. The Labour Ministry and the Labour Office have earmarked 5 billion crowns to be invested in human capital and retraining and digital education in the coming years.