Analysis of the labour market in the Republic of Macedonia according to the level of education

Cabuleva, Kostadinka and Miteva-Kacarski, Emilija and Radosavljevik-Bojceva, Marina (2013) Analysis of the labour market in the Republic of Macedonia according to the level of education. European Journal of Business and Economics, 8 (4). ISSN 1804-9699

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The current educational system has to prepare the students for professions which should develop tomorrow. The key role of education at this moment in time ought to be the ability to predict the changes and to adapt to them successfully. The final resultant of the educational process is the acquisition of skills which will enable the pupils or students to adapt to the labour market quickly and easily. The connection of education with the labour market is the principal aim of the economy being based on knowledge. In this paper, we make an effort to create an analytic framework for the representation of the educational profiles at the labour market in the Republic of Macedonia. The data contained in the analysis points out to the fact that out of the total number of employees according to their education in the period of 2001-2012, the biggest per cent of employees belongs to the ones with secondary education (three-year and four-year secondary education). In 2001, this percentile participation was 49.6% whereas in 2012, this per cent increased to 53.6%. The second position is being taken up by the employees with primary and lower secondary education (25.42% in 2001). However, as a result of the fact the employment rate had been reducing year by year, in 2012, it was 18.53%. The employees with university education are taking up the third position. In 2001, the percentile participation of employees with university education was 10.53% whereas in 2012, it was 21.6%. This trend is due to the dispersed studies in a large number of towns in the Republic of Macedonia, which have led to increase in the number of graduates. Having in mind this analysis, the public educational institutions are facing the challenge to alter their current structure, to bring about a new structural change and to develop an organizational structure which will be compatible with the general changes at the labour market. JEL Classification Numbers: I21, J20, J21 Keywords: labour market, education, employment, unemployment

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Emilija Miteva
Date Deposited: 23 Jun 2014 13:44
Last Modified: 23 Jun 2014 13:44

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