2022
DOI: 10.24818/ejis.2022.07
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Current Labour Market Challenges in the Light of Future Economic and Demographic Developments

Abstract: Economic growth and GDP growth have been dramatically affected by the COVID-19 pandemic. Both indicators are the factors that decisively affect the situation in the labour market, which is currently facing major challenges. One of the challenges is aging population. The number of the working- age population is declining, which may also have a significant impact on GDP growth in the future. The main purpose of the study is to analyse past and predicted GDP growth rates and the past and predicted shares of the w… Show more

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Cited by 9 publications
(6 citation statements)
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“…The theoretical basis of the research combines the existing work of scientists in several meaningful blocks: definition of the essence, quantitative measurement indicators and factors of the ecological, economic and social security of the state, including the influence made by public health factors in terms of ensuring these components of the state's national security. Flessa et al (2023), Vasilyeva et al (2021), Aliyev (2022), Remeikienė et al (2023), Rózsa et al (2022), Grenčíková et al (2022), Mishchuk et al (2023) note great importance of a balanced policy at the macro and micro levels of population's employment in ensuring the social security of the state, especially in confronting and leveling the threats caused by the COVID-19 pandemic. An important vector of employment policy is to balance the market for educational services of medical workers and the labor market for specialists in the relevant field since the COVID-19 pandemic highlighted the insufficient provision of the medical system with specific medical personnel for its effective work (Ginevičius et al, 2022;Smiianov et al, 2020).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The theoretical basis of the research combines the existing work of scientists in several meaningful blocks: definition of the essence, quantitative measurement indicators and factors of the ecological, economic and social security of the state, including the influence made by public health factors in terms of ensuring these components of the state's national security. Flessa et al (2023), Vasilyeva et al (2021), Aliyev (2022), Remeikienė et al (2023), Rózsa et al (2022), Grenčíková et al (2022), Mishchuk et al (2023) note great importance of a balanced policy at the macro and micro levels of population's employment in ensuring the social security of the state, especially in confronting and leveling the threats caused by the COVID-19 pandemic. An important vector of employment policy is to balance the market for educational services of medical workers and the labor market for specialists in the relevant field since the COVID-19 pandemic highlighted the insufficient provision of the medical system with specific medical personnel for its effective work (Ginevičius et al, 2022;Smiianov et al, 2020).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The aging of society applies to all Member States of the European Union, while the proportion of people in active employment is steadily decreasing, the number of older people is increasing. Jobs are lost, and new jobs are created (Grenčíková et al, 2022). Gender roles within households and the division of labour will also change (Hedvičáková & Kozubíková, 2021).…”
Section: Labour Marketmentioning
confidence: 99%
“…For economy and regions to advance, human resources and their development are of utmost importance (Rajčáková, Švecová, 2018;Bal-Domańska et al 2020;Roszko-Wójtowicz & Grzelak, 2021, Grenčíková et al 2022. The quantity and quality of human resources are primarily determined by demographic trends and structural characteristics of the population.…”
Section: Literature Reviewmentioning
confidence: 99%