HYPERION ECONOMIC JOURNAL

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• Galina SAVELIEVA, PhD, Associate professor researcher, Affiliation: Center for Demographic Research, National Institute for Economic Research (CDR -NIER), Academy of Economic Studies of Moldova, Republic of Moldova;
• Svetlana ZAHAROV, PhD, Scientific Researcher, Affiliation: Center for Demographic Research, National Institute for Economic Research (CDR -NIER), Academy of Economic Studies of Moldova, Republic of Moldova;

This article presents the results of the research of impact the demographic factors on the development of national labour market. The state of labour market depends on the formation of supply of working-age population and demand for qualified labour force, which is determined in quantitative and qualitative terms, which reflect natural and mechanical processes of its change. The purpose of the research is to analyze and evaluate changes in the quantity and quality of labour force by age and gender. The impact of population decline, transformation of the age structure of the population and migration processes allows to identify the main tendencies and patterns interconnected with the demographic situation in the country, as well as determine the main problems affecting the decline in labour potential, the quality and competitiveness of labour force market. The research is based on the analysis of statistical data on the number of the population with usual residence, the main indicators of employment, migration and labour income of the population. The study uses a systematic approach and such methods as comparative analysis, graphical method of interpreting tendencies in dynamics. The quantitative and qualitative evaluation of the results of the analysis showed that the reduction of labour force, the increase of the average age and the ageing of employed population, the deterioration of the quality of the modern labour market are obstacles for the desired strategic socio-economic development of the Republic of Moldova. In order to increase the competitiveness of labour market at internal and external levels, recommendations for public policies were elaborated, taking into account an integrated approach to increase the quality of human capital and the development of socio-economic infrastructure at regional and national levels. The article was developed within the framework of the institutional project “Demographic transition in the Republic of Moldova: particularities, socioeconomic implications and consolidation of demographic resilience (2024-2027)”.

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