Supply of the labor market with labor force - Condition in Macedonia

Mimoza, Serafimova and Snezana, Bardarova (2020) Supply of the labor market with labor force - Condition in Macedonia. International Journal of Business and Management Invention (IJBMI). ISSN 2319-8028

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Abstract

High unemployment rate is present in Macedonia since 1980s. Restructuring of the economy led to total decrease of labor force demand on one hand and the low growth as well as the large investments deficit led to inability of creating sufficient employment opportunities on the other hand. Additionally, the Law on labor relations does not enable sufficient flexibility of the labor market. The recent reforms in the labor market, including the new Law on labor relations since 2005 and its consequent amendments and annexes, are injecting certain reform in the labor market in the benefit of the employers. The unemployment rate in the second quarter of 2015 is 26.8%,
Firstly, the journal pays attention to the constant condition of supplying the labor market with labor force, by analyzing the condition in the labor market as a country striving for integration in the joining economy of the European economic area. The successes and failures of the efforts for reforms in the labor market in the new member states are discussed as a guidance for further discussion. Secondly, the disparity of supply and demand of skilled job seekers, as an aspect of reform process is discussed. The third field of discussion in the paper is development and implementation of active policies in the labor market that guarantee rightful and efficient use of government resources considering the typical unemployment facts in Macedonia.

Item Type:	Article
Uncontrolled Keywords:	labor force, mismatch, supply, demand, active policies, labor market, Macedonia
Subjects:	Social Sciences > Economics and business Social Sciences > Other social sciences
Divisions:	Faculty of Tourism and Business Logistics
Depositing User:	Snezana Bardarova
Date Deposited:	14 Jul 2020 15:47
Last Modified:	14 Jul 2020 15:47
URI:	https://eprints.ugd.edu.mk/id/eprint/24205

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