The State of the Modern Labour Market in Conditions of Demographic Ageing in the Republic of Moldova
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| Pages: | 4 : 27 |
| Abstract: | This article presents the results of a research of the state of the modern labour market and the employment level of the population in the Republic of Moldova. The labour market has been influenced by demographic factors, inflation, low standard of living, the presence social differentiation in society, economic stagnation and other changes in the international arena. The processes of differentiation of regional labour markets, the presence of informal employment, the imbalance of supply and demand for labour, regional unemployment, labour migration, as well as insufficient adaptation of legislation to the new conditions of labour market have become more obvious as a result of changes in the conjuncture in the system of international relations and external economic relations, the process of globalization, the introduction of Information Technology (IT) and New Technologies. The purpose of research is to analyze and assess changes in quantitative and qualitative indicators characterizing the employment of working age population, to determine the main problems of labour market in the conditions of population decline and ageing. The research is performed on the basis of statistical data on the main macroeconomic indicators, the number of the population with a usual place of residence, including elder age groups, employment indicators, income and poverty rates of population. When evaluation the state of labour market, complex and systemic approaches were applied, including the methods of monographs, comparative analysis, graphical, synthesis. The results of research revealed that an important factor affecting the labour market is the decline and ageing of the population, migration, which caused the deterioration of the quality of the modern labour market and is an obstacle to ensure a stable socio-economic development of the Republic of Moldova. Decrease in living standards due to low wages and increase in the risk of poverty of employed population are the factors that maintain labour migration, which has become irreversible. In order to improve the state of labour market, recommendations were developed to perfect public policies to ensure the fullest employment potential of labour force. The article was developed within the framework of the Subprogramme: Demographic transition in the Republic of Moldova: particularities, socio-economic implications and consolidation of demographic resilience (2024-2027). |
| JEL classification: | E24, J11, J21 |
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E24, J11, J21
