IMPACT OF INDUSTRY 4.0 ON THE LABOR MARKET OF THE SLOVAK REPUBLIC IN THE CONTEXT OF LABOR MIGRATION

Market variability, shortening the life cycle of products, increasing the complexity of products, or the increasing impact of global supply chains - create an environment in which businesses try to survive. Industry 4.0 is looking for and implementing solutions and ways to meet these challenges. The economy of the Slovak Republic generates an increasing number of vacancies requiring qualifications at the secondary level. The country's labour market is unable to satisfy labour demand from its own resources and therefore opens up to labour immigration. The present study seeks to answer the question, what impact does Industry 4.0 have and will have on the workforce coming from abroad? Using theoretical general methods of scientific knowledge, it forms the basis for examining the dependencies of selected labour market indicators and macroeconomic indicators reflecting the impact of Industry 4.0.