ABSTRACT

Technology has shown continuous improvement throughout the history of humanity, but until the Industrial Revolution, labor and cooperation have been accepted as the effective power of production. With the Industrial Revolution, with the increasing use of technological developments in production, machines began to replace labor in the production process. Technology has deeply affected labor productivity, labor market, working life and social structure in the process until today. In this study, the relationship between technology variable set and labor market variable sets was analyzed by canonical correlation analysis by using data from thirty-seven countries that are members of OECD. The main purpose of the study is to investigate the relationship between technology variables and labor market variables and to determine the variables that affect this relationship. Before starting the analysis, the skewness-kurtosis coefficients of the data were examined and it was seen that the data provided the normal distribution assumption. As a result of the analysis, the first canonical correlation coefficient was calculated as 0.855 and a strong relationship was found between the technology variable set and the labor market variable sets. The fact that the greatest contribution to the canonical correlation obtained as a result of the research is made by the information technology index variable and the employment rate variable supports the optimistic view that the research result increases the employment rates of the technological developments in the literature. SPSS 25 package program was used in the analysis phase