Labor Market Forces Research Articles

Impact of Economic Factors on the Process of Population Transition from Labour Activity to Pension in the Republic of Moldova

Abstract The purpose of research is to analyse the impact of population ageing process on labour force market, as well as economic factors on the transition from labour activity to pension in the Republic of Moldova. The change in the structure of labour force to wards elder ages, as well as interruption of active economic activity and retirement is one of the factors in economic growth slowdown, which is conditioned by a reduction of labour force reproduction and its growth. In this situation, in order to mitigate the negative consequences of labour force deficit, it is necessary to take effective measures to increase labour productivity not only to ensure economic growth, but also to ensure the welfare of the country’s population and meet the necessities of an increased share of the population-dependents (both the elderly population and children under 15). Taking into account the relevance of the above-mentioned problem, the analysis of the relationship between economic factors and the transition from labour activity to pension in the conditions of demographic ageing was carried out, including the evaluation of the role of economic factors in making a decision to exit from the labour market to pension. In this context, the comparative quantitative and qualitative analysis of tendencies in the economically active and employed population was carried out, including pre- and pension ages and the phenomenon of precarious employment, the demographic coefficient of dependence on old age, the dependence of pension from the income level, and the financial stability of the Social Insurance Budget. The proposals to improve the effectiveness of government policies in regulation and harmonization the transition from the labour market to pension, including the continuation of active economic activity was elaborated in order to reduce the negative consequences connected with the process of population ageing and to ensure the stability of labour market development. The article is developed in the framework of the research Subprogramme “The demographic transition in the Republic of Moldova: particularities, socioeconomic implications and demographic resilience straightening” (2024-2027).

How the 1963 Equal Pay Act and 1964 Civil Rights Act Shaped the Gender Gap in Pay.

In the 1960s, two landmark statutes-the Equal Pay and Civil Rights Acts-targeted the long-standing practice of employment discrimination against U.S. women. For the next 15 years, the gender gap in median earnings among full-time, full-year workers changed little, leading many scholars to conclude that the legislation was ineffectual. This article revisits this conclusion using two research designs, which leverage (i) cross-state variation in preexisting state equal pay laws and (ii) variation in the 1960 gender gap across occupation-industry-state-group cells to capture differences in the legislation's incidence. Both designs suggest that federal antidiscrimination legislation led to striking gains in women's relative wages, which were concentrated among below-median wage earners. These wage gains offset preexisting labor market forces, which worked to depress women's relative pay growth, resulting in the apparent stability of the gender gap at the median and mean in the 1960s and 1970s. The data show little evidence of short-term changes in women's employment but suggest that firms reduced their hiring and promotion of women in the medium to long term. The historical record points to the key role of the Equal Pay Act in driving these changes.

Socioeconomic factors affecting female labor force participation: A Case study of Lahore district

Labor-force participation analysis is important for developing employment and human resource development policies. Females represent approximately fifty percent of the entire population of Pakistan and play a vital role in the country. This paper aims to quantify the numerous factors affecting female labor force participation in Lahore district. The study is based on cross-sectional data gathered through questionnaires. The technique of logit regression on 450 observations is used to estimate the factors affecting female labor force participation. The empirical results show that educational attainment levels, marital status have a positive and significant effect on female labor force whereas female lives in joint family system and urban region less likely to participate in labor force market. Household head participation in economic activities decrease the female labor force participation. Paper also shows that in Lahore weak women empowerment exist. If female alone decides about her job, her participation in labor market decreases.

Racial Differences in Student Access to High-Quality Teachers

Abstract Access to high-quality teachers in K–12 schools differs systematically by racial group. This policy brief reviews the academic research documenting these differences and the labor market forces and segregation patterns that solidify them. It also presents new analysis of differential exposure in North Carolina of white, black, and Hispanic students to teachers with different quality-related credentials across five grade–subject combinations. White students are most often in classrooms taught by teachers with strong credentials and least often by those with weak credentials, not only across the state as a whole, but also within most of the state's counties, especially those whose schools are most segregated by race. To address such disparities, decision makers at all three levels—state, district, and school—have various policy options to consider, with each level having an important role to play.

Muslim and non-Muslim divorce trends in Southeast Asia in the 21st century

The paper focuses on trends over time in differentials between Southeast Asian Muslims and non-Muslims in the incidence of divorce and various aspects of divorce. There has been a considerable narrowing of differentials in divorce rates, which the paper seeks to document using appropriate measures, as well as to explain. Time trends in divorce rates according to age at marriage are examined, along with intervals between marriage and divorce, and in the partner initiating the divorce. The similar social and labor market forces affecting both Muslims and non-Muslims in these increasingly urbanized societies are seen to be largely responsible for both the narrowing of differentials in divorce and the general upward trend in divorce rates in the first 2 decades of the 21st century.

Resident and intern salaries: can tracking our progress help us understand our future?

Salaries apportioned to veterinary interns and residents have been historically low. The impact of this financial strain on the lives and career choices of young veterinarians has recently been evaluated. Subsequent effects of low remuneration are not limited to simple personal finances; rather, the implications may be more far-reaching, including playing a role in mental and physical wellness, affecting diversity in various segments of the profession, influencing career paths, creating barriers to educational and professional opportunities, and shaping decisions regarding family. We evaluated progress made in salaries offered for positions listed in the Veterinary Internship and Residency Matching Program between the previous analysis in 2021 and at present for the 2023 match. In addition to considering financial improvements, we discuss potential drivers contributing to change, including recent documentation of living wage requirements relative to salaries, labor market forces, and the increasingly competitive salaries offered through other career paths. We also consider implications for increasing intern and resident compensation; besides well-being, diversity, career path, and family factors, we discuss the potential relationship of postgraduate educational programs to hospital revenues and implications for how educational program structure may be affected. While compensation is far from the only element that drives career selection or satisfaction, understanding the effects of a fiscal overhaul to this educational experience can play a critical role in solving components of the workforce issues in our profession.

A Relational Work Perspective on the Gig Economy: Doing Creative Work on Digital Labour Platforms

Based on interviews with 49 visual artists, graphic designers and illustrators working on two leading global digital labour platforms, this article examines how creative workers perform relational work as a means of attenuating labour commodification, precarity, and algorithmic normativity. The article argues that creative work on online labour platforms, rather than being entirely controlled by depersonalised, anonymised and algorithm-driven labour market forces, is also infused in relational infrastructures whose upkeep, solidity and durability depends on the emotional efforts undertaken by workers to match economic transactions and their media of exchange to meaningful client relations. By applying a relational work perspective from economic sociology to the study of platform-mediated gig work, the article elucidates the micro-foundations of creative work in the digital gig economy, including how labour inequalities are produced and reproduced within and around micro-level interpersonal interactions.

THE RELEVANCE OF THE APPLYING AND DEVELOPMENT OF ADDITIONAL TEACHING PROGRAMS AT THE MORPHOLOGICAL DEPARTMENTS OF MEDICAL UNIVERSITIES

Traditions in the education of any country have always been the basis for building a national educational system, since only folk traditions accepted in society and tested by life are axiomatic. The need to meet the current and future needs of society, the economy, and the labor market forces the departments of medical universities to seriously transform teaching programs, technologies, and educational policy in general to meet the current and dynamically changing demands of society. This article aims to summarize the experience of creating, implementing and developing additional teaching programs at the morphological departments of medical universities in Russia and neighboring countries. As materials for the study, the content of the reports of the interregional workshop «Relevance of the implementation of additional teaching programs in anatomical departments» within the framework of the XII National Congress with international participation «Ecology and human health in the North» (December 2, 2021, Ammosov North-Eastern Federal University, Yakutsk, Republic of Sakha (Yakutia). Analysis of the materials presented at the workshop showed that all additional teaching programs implemented at the departments or on the scale of the university can be implemented at the pre-university stage, at the level of all specialist courses, residency in various clinical specialties and advanced training in the system of continuing medical education. In the conditions of growing competition in the market of educational services, the search for sources of additional funding, medical universities are actively transforming, striving to meet the needs of specialists of all levels of training. forgings. Under these conditions, the classical departments of fundamental medical education are faced with the urgent task of finding new directions for increasing effective activity, including full-scale participation in the implementation of various levels of additional teaching programs, including undergraduate and postgraduate levels. At the same time, the introduction of new teaching programs and forms of education should not destroy the classical methods and approaches, the effectiveness of which has been tested by time, primarily with the use of classical anatomical preparations and technologies.

Political risk and portfolio performance: Implications for Shariah-compliant ‎investors

The COVID-19 pandemic has forced the Malaysian economy into a recession, with GDP plummeting to negative growth for the first time since the 1998 Asian Financial Crisis. Fiscal and monetary tools are inevitable during this crisis. Businesses have been forced to close shops due to a series of Movement Control Orders (MCO), resulting in massive layoffs and a rise in the unemployment rate, which is a red flag for the economy. On the other hand, zakat has emerged as a poverty alleviation tool in the Islamic economy landscape and is particularly relevant during an economic crisis. However, there is a lack of literature discussing the impact of macroeconomic indicators on zakat. Therefore, this study was conducted to examine whether the unemployment rate explains the trend in zakat collection. Time series data from the period between 2006 and 2020 was utilized, and linear regression analysis was conducted. An interesting finding is that the zakat collection trend by State Islamic Religious Councils (SIRCs) and the movement of the unemployment rate are not statistically significant. This indicates that zakat collection is not affected by high unemployment in the labor force market and remains strong even during an economic slump, thanks to increased digitalization efforts and FinTech adoption.

Foreign Labor Migration Causes and Impacts in Nepal

This paper reflects the situation of foreign labour migration of Nepalese People. Globally, foreign labour migration is in increasing trends. In Nepalese context also foreign labour migration is being more important for employment mainly among unemployed people and youths who entered in labour force market. The number of foreign labour migrants and share of remittance in terms of GDP has increased. This article is based on secondary sources of information. The Global Commission on International Migration (GCIM) describes the driving forces in international migration in terms of “3Ds” (development, demography and democracy). In one side foreign labour migration has contributed to reduce poverty level and in other the income gap among migrants and non-migrants been increased. In addition, due to mail domination in foreign labour migration the role of women has been changed in households and society. It has contributed women empowerment mainly in male labour migrant’s households. Migration has occurred throughout history, and current trends certainly indicate that it will continue to increase in the future. The forces of globalization have created opportunities for greater integration of labour market globally.

The cybersecurity labour shortage in Europe: Moving to a new concept for education and training

Recruiting, retaining and maintaining sufficient numbers of cybersecurity professionals in the workplace is a constant battle, not only for the technical side of cybersecurity, but also for the overlooked area of non-technical, managerial-related jobs in the cyber sector. This paper addresses the lack of cybersecurity skills in the European labour force market and the actions taken to improve the education in cybersecurity for meeting the identified needs. The paper analyses what kind of topics are missing within the cybersecurity curricula of the high-level educational institutions in Europe and in the courses provided by the cybersecurity trainers on the market. The findings are based on the data collected by the surveys carried out by the European competence centres on cybersecurity and the European CyberSecurity organization. These findings show that there are missing topics in the context of higher education cybersecurity programmes and within the private courses offered on the market. The problem of common programme accreditation of European higher education institutes (HEI) and the competence certifications for different work profiles in the area of cybersecurity are briefly presented and discussed as well. The actions undertaken to improve the education in both sectors are presented and the emerging educational landscape is proposed based on our findings. Recommendations to the stakeholders and scholars for improving the current state of cybersecurity education and training are explained in the concluding section.

Chronic Diseases and Labor Force Participation Among Presenile and Senile Chinese.

Background: The incidence of chronic diseases has increased dramatically due to rapid aging and lifestyle changes of China in recent decades. The population aged more than 45 years is an important participant in the labor force market, and the health status directly affects their labor force participation decision. This study aims to explore the relationship between chronic diseases and the labor force participation among the elderly Chinese population aged more than 45 years.Method: We employ a multivariate probit (MVP) model to construct five structural equations for an analysis. The advantage of this model is that it can deal with the endogeneity of chronic diseases.Results: Firstly, compared with the elderly, younger people are more likely to participate in the labor force market; the influence of chronic diseases is the largest for presenile women in the decision-making of labor force participation; the impact of psychological problems on labor force participation cannot be ignored, especially for men aged more than 45 years. In addition, sociodemographic factors such as geographical location and marital status also have direct effects on the probability of labor force participation while the impact of both family wealth and family number is much smaller. Finally, unhealthy lifestyles through chronic diseases have negative and indirect marginal effects on labor force participation.Conclusions: This article proves that chronic diseases have a negative impact on the labor force participation for Chinese aged more than 45 years. The public should give more tolerance and opportunities to these groups. The population aged more than 45 years are more vulnerable and face more psychological problems, which will lead to a decline in labor force participation. Psychological health counseling and services are urgently needed. As the urban areas enjoy more social welfare, Chinese welfare policy needs to be tilted toward the rural elderly. For individuals, maintaining healthy lifestyles can help you stay away from chronic diseases and stay in the labor force market.

A 15-Year Ecological Comparison for the Hiring Dynamics of Minnesota Pharmacies between 2006 and 2020.

Labor market forces in pharmacy are affected by frictional unemployment (job turnover), structural employment forces that require new skill sets for employees, and hiring practices that integrate technology or less costly labor such as pharmacy technicians. The objectives of this study were to describe hiring trends for both the pharmacist and technician workforces in licensed pharmacies on a biennial basis from 2006 through 2020 using data collected in Minnesota. Ecological comparisons were made between the survey years using descriptive statistics. For open-ended questions added to the 2020 survey, content analysis was applied. Demand for technicians increased which might be due to the expansion of their roles into activities that had been reserved for the pharmacist. Pharmacies reportedly would like to hire pharmacists to meet the demand for new services that pharmacists can provide. However, respondents articulated that this is not feasible under current economic pressures. This represents a lost opportunity for transformation in pharmacy that would establish pharmacists’ roles in the rapidly transforming health care value chain. We conclude that hiring dynamics in pharmacies are being driven more by economic and organizational shifts than meeting the demand for services that pharmacists can provide.

A Cross-Sectional Analysis of Employment Returns to Education and Health Status in China: Moderating Role of Gender.

Based on the nationally representative sample data from the Chinese General Social Survey (CGSS-2015), this study examines the relationship of education levels and health status with an individual's probability of being employed in China. The findings obtained from the binary logistic regression estimator suggest that people with a higher level of education were more likely to be employed than those who have less or no education. The individual with university or above education was found to be 85% more likely to be employed than college or equal diploma holders. Further, the healthier individual was found to be 11% more likely to be employed than relatively less healthy. Moreover, the resulting coefficients obtained from the moderation effect suggest that all of the two-way interaction effects among health status and education levels with gender are not statistically significant even at the 10% level. The results suggest that there was no multiplicative effect of gender with health status and level of education on an individual's probability of being employed. Further, the study also suggests important policy implications in the light of China's active labor force market and the gender gap in employment.

The effect of refugees on native adolescents’ test scores: Quasi-experimental evidence from PISA

Existing evidence suggests that low-skilled refugee influx may increase educational attainment among native adolescents due to reduced opportunities and returns in the lower segment of the labor market. In this paper, I test whether refugee influx can also increase the intensity of human capital accumulation among native adolescents who are enrolled in school. Using the PISA micro data and implementing a quasi-experimental empirical strategy designed to exploit (i) the time variation in regional refugee intensity and (ii) institutional setting in the Turkish public education system, I show that the Math, Science, and Reading scores of Turkish adolescents increased following the Syrian refugee influx. The increase in test scores mostly comes from the lower half of the test score distribution and from native adolescents with lower maternal education. The empirical design embeds a framework where the estimated refugee impact can solely be attributed to the labor market mechanism. In particular, I use the observation that refugee adolescents are enrolled more systematically into the Turkish education system after 2016, which gave me the opportunity to use 2015 and 2018 PISA waves in a way to isolate the effect of the labor market mechanism from the potentially negating force coming from the education experience mechanism. I conclude that the labor market forces that emerged in the aftermath of the refugee crisis have led native adolescents, who would normally perform worse in school, to take their high school education more seriously.

Impact of the COVID-19 Pandemic on the Romanian Labor Market

The present research aims to establish the impact that the current crisis situation the planet is facing, namely the COVID-19 pandemic, has had so far on the Romanian labor force market. In this context, given the lack of information and information regarding this pandemic and its effects, the administration of a questionnaire among the population was considered to identify the research results. The method of semantic differential and the method of ordering the ranks were used for the interpretation of the results. With the help of this questionnaire, it will be possible to answer the question of the research in this study: What are the main effects of the COVID-19 pandemic on the Romanian labor market? The main results showed that the COVID-19 pandemic affected the Romanian workforce; the respondents of the applied questionnaire claimed that they obtained better results and maintained a similar income, but the health crisis also influenced the mentality of employees, with respondents stating that in the event of changing jobs, they would consider it very important for the new employer to ensure the conditions for preventing and combating COVID-19, as well as complex health insurance. However, analyzing at the macroeconomic level, it was found that the COVID-19 pandemic induced an increase in the number of unemployed people in the Romanian labor market.

Bibliometric assessment of papers on generations in management and business journals

The objective of this study is to show the dynamics of the evolution on research of the generations by means of analysis of journal publications from the category of management and business from Clarivate Analytics Web of Science. Bibliometric analysis is used to unveil the authors, journals, institutions, and the most influential countries on the subject from 2001 to date. The most pertinent studies are presented that show the main characteristics of the five generations that can currently be found in the workplace, namely the Silent Generation, Baby Boomers, Generation X, Generation Y and Generation Z. The results highlight that the studies focus on countries and regions with more developed economies. Studies are scarcer from countries and regions with emerging economies such as Latin America and the Caribbean, Africa, Eastern Europe and the Middle East. Likewise, there is evidence of the lack of qualitative studies on Generation Z, which will be of greater importance in the labour force or employment market and with higher purchasing power. The results add knowledge to academics to define their research strategies. For the practitioners it contributes information on the most pertinent academics on the study of generations, which facilitates potential candidates to contract or hire in case they need to study the characteristics of their workforce to define recruitment policies, career planning or motivation.

Constrained voluntary informalisation: Analysing motivations of self-employed migrant workers in an urban village, Guangzhou

This article transcends the dichotomy within the informal employment literature by proposing the notion of constrained voluntary informalisation that captures the integrated effect of structurally constrained forces and individual agency in driving the labour entry into informal employment. The notion is empirically elaborated with a case study of self-employed migrant workers in Chinese context, based on intensive interviews with 32 self-employed migrants in an urban village in Guangzhou. Three groups of self-employed migrant workers (i.e. the survivalist, over-exploited and developmentalist) are differentiated for analysis of their motivations for labour mobility. It is found that the labour entry into self-employment is jointly driven by labour market forces, such as unemployment and poor working conditions in waged sectors, that compel workers to seek alternative income opportunities, and the individuals' intention to fulfil their desires/needs, such as attainment of autonomy, balance of work and family responsibilities and pursuit of upward development. This article suggests the need for a more sensitive reading of structural circumstances in which workers make decisions and social needs workers try to meet through informal practices in understanding the causes of informalisation.

Soft and Hard Skills in Accounting Field-Empiric Results and Implication for the Accountancy Profession

Abstract The main objective of the research is to study the perception of students in accounting profile within the "AurelVlaicu" University of Arad in comparison with the employers’ perception of the hard and soft skills needed in view of the accounting graduates’ access on the labour force market. The target group has been asked to express its opinion on the skills required to candidates to access the jobs in order to penetrate the labour force market in the field of accounting. In order to achieve this objective, an empirical study based on a cross-cutting descriptive research has been carried out, the method chosen is the survey based on a questionnaire. The target group consists of 250 students majoring in accounting within "AurelVlaicu" University of Arad, as well as from 300 professional accountants who are members of CECCAR (The Body o Experts and Chartered Accountants of Romania). The case study concluded that a large part of the interviewed accountants have considered that employers would be increasingly interested in hiring young graduates in accounting that hold strong soft skills, being also willing to subsequently invest in trainings to develop their hard skills that they need daily in the chosen job. In order to succeed and perform in the field in which they will work, accounting students (future accounting professionals) must hold a set of powerful soft skills to complete the hard skills acquired and tested during the academic studies. The target group interviewed in the case study considers it would be useful the accounting students to participate in internships, scientific sessions, Erasmus scholarships, voluntary actions, Work and Travel Programs, teambuilding programs, national and international projects, summer schools, student scientific clubs to develop hard and soft skills during the university studies. In order to generate sustainable organisational success, future professionals who will be working in the field of accountancy will have to possess both hard skills and soft skills to be able to contribute in this way to the success of the organization they will be part of and the accounting profession will gain.

Stock Markets and Female Participation in the Labor Force

This paper examines the relation between female participation in the labor force and stock market trading volume. We focus on the first teaching day of the year at kindergartens and primary schools, treating it as an event with characteristics that resemble an exogenous event, and verify this using a web-based survey. We find that the first day of school has lower trading volume than the average daily trading volume during the rest of the year. Moreover, we document that female workforce participation is negatively associated with the trading volume on this day, and that in societies which have legislated gender nondiscrimination laws that govern hiring, this negative effect is even more pronounced. Our main findings document a significant societal phenomenon with a profound impact on stock markets, and specifically on the quality of information environment, and therefore merit further attention.