ANALYSIS OF THE COMPETITIVENESS OF LABOUR MARKET IN THE REPUBLIC OF MOLDOVA
Autor (i): Galina Savelieva Svetlana Zaharov
JEL: E24; J18; J21; J31; J60.
Cuvinte cheie: labour market, demographic factors, declining and ageing population, labour migration, wages.
Abstract:
Actuality of research the particularities of labour force market and its interrelation with processes
taking place in economy, demography and social sphere increases. Globalization of the world economy and
growing integration processes in Europe, population decline, ageing and migration of working-age population,
as well as transition of the Republic of Moldova to market economy have aggravated existing problems and
added new ones in the context of labour market competitiveness, both at internal and external levels. The
process of transformation and adaptation to changes both in the economy and in its derivative segment or labour
market are lengthy and have specific particularities and difficulties. This paper presents the research results of
the impact of the principal factors the demographic and socio-economic nature that influence the sustainability
of labour market development and its competitiveness. In particular, it evaluates the impact of demographic
factors on the labour force reproduction and the increase in the demographic dependency on the working age
population, as well as the impact of factors of socio-economic nature, motivation for labour activity, increase in
economic activity and employment. Low wages and an imperfect legislative and normative framework in labour
relations created the preconditions for search and developing illegal (informal) employment, providing
additional opportunities of job placement with flexible working regime and receive higher incomes. The research
is based on statistical data and calculated secondary indicators using the population of usual residence. The
suggestions for improving the situation on labour market and increasing its competitiveness were elaborated on
the basis of the obtained results.
The article was elaborated within the framework the Scientific Project “Migration, Demographic Changes
and Policies of Stabilization the Situation”, registered in the State Register of projects in the field of science and
innovation of the Republic of Moldova with the code 20.80009.0807.21 of the State Program (2020-2023).
Actuality of research the particularities of labour force market and its interrelation with processes
taking place in economy, demography and social sphere increases. Globalization of the world economy and
growing integration processes in Europe, population decline, ageing and migration of working-age population,
as well as transition of the Republic of Moldova to market economy have aggravated existing problems and
added new ones in the context of labour market competitiveness, both at internal and external levels. The
process of transformation and adaptation to changes both in the economy and in its derivative segment or labour
market are lengthy and have specific particularities and difficulties. This paper presents the research results of
the impact of the principal factors the demographic and socio-economic nature that influence the sustainability
of labour market development and its competitiveness. In particular, it evaluates the impact of demographic
factors on the labour force reproduction and the increase in the demographic dependency on the working age
population, as well as the impact of factors of socio-economic nature, motivation for labour activity, increase in
economic activity and employment. Low wages and an imperfect legislative and normative framework in labour
relations created the preconditions for search and developing illegal (informal) employment, providing
additional opportunities of job placement with flexible working regime and receive higher incomes. The research
is based on statistical data and calculated secondary indicators using the population of usual residence. The
suggestions for improving the situation on labour market and increasing its competitiveness were elaborated on
the basis of the obtained results.
The article was elaborated within the framework the Scientific Project “Migration, Demographic Changes
and Policies of Stabilization the Situation”, registered in the State Register of projects in the field of science and
innovation of the Republic of Moldova with the code 20.80009.0807.21 of the State Program (2020-2023).
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