Armenia - Labor Market Dynamics : Volume 1. Overview

This study is intended to help Armenian policymakers better understand the main factors behind modest labor market outcomes and to identify policy options to create more and better jobs. The report is based on data from administrative statistics, labor force surveys, and household surveys. The objective of the study is to determine the main factors behind poor labor market outcomes in Armenia: high unemployment of long duration despite rapid economic growth. To do so, it will assess, first, the key characteristics of the demand for labor. These include (a) the impact of macroeconomic policies on job growth; (b) wage flexibility and unit labor costs; (c) cost-of-doing-business factors, including costs, risks, and barriers to competition faced by firms; and (d) employment promotion legislation and labor market institutions. Recommendations are made on policies that can promote an effective and sustainable increased demand for labor; second, the key characteristics of the supply of labor, including the impact of long-term demographic developments and labor migration, and the impact of social benefits on the reallocation of labor. Policy options are analyzed that can support the development of an efficient supply of labor to a modern high-wage market economy; and, third, the mechanisms by which employers and workers are brought into contact with each other, and recommend policies that support efficient and effective labor market institutions. The report consists of two volumes. Volume I provides an overview of the study and summarizes its conclusions. Volume II provides a more technical and detailed analysis of various aspects of labor market transition in Armenia.

Bibliographic Details

Main Author:	World Bank
Language:	English
Published:	Washington, DC 2007-05
Subjects:	ACTIVE EMPLOYMENT, ACTIVE LABOR, ACTIVE LABOR MARKET, ACTIVE LABOR MARKET PROGRAM, ACTIVE LABOR MARKET PROGRAMS, AGE GROUPS, AVERAGE PENSIONS, AVERAGE WAGE, AVERAGE WAGES, BUSINESS PLANS, CALCULATIONS, CAREER COUNSELING, COLLATERAL, CONSUMER, CONSUMER GOODS, CONTRIBUTIONS, DEPENDANTS, DEVELOPMENT STRATEGIES, DISADVANTAGED GROUPS, DISPLACED WORKERS, EARNINGS, ECONOMIC ACTIVITIES, ECONOMIC ACTIVITY, ECONOMIC GROWTH, ECONOMIC RECOVERY, EMPLOYABILITY, EMPLOYEE, EMPLOYMENT, EMPLOYMENT AGENCY, EMPLOYMENT GROWTH, EMPLOYMENT LEVELS, EMPLOYMENT OUTCOMES, EMPLOYMENT OUTLOOK, EMPLOYMENT POLICY, EMPLOYMENT PROGRAMS, EMPLOYMENT PROTECTION LEGISLATION, EMPLOYMENT RATE, EMPLOYMENT SERVICE, EMPLOYMENT SITUATION, EMPLOYMENT STATUS, ENTREPRENEURIAL ABILITIES, FINANCIAL INSTRUMENTS, FINANCIAL MARKETS, FINDING WORK, GROSS WAGES, HIGH EMPLOYMENT, HIGH UNEMPLOYMENT, HOUSEHOLD SURVEYS, HUMAN CAPITAL, INCOME, INFLATION, INFORMAL SECTOR, INNOVATIONS, INTEREST RATES, JOB COUNSELING, JOB CREATION, JOB DESTRUCTION, JOB LOSS, JOB LOSSES, JOB PLACEMENT, JOB PLACEMENT SERVICES, JOB SEARCH, JOB SEARCH ASSISTANCE, JOB SEEKER, JOB SEEKERS, JOBLESS GROWTH, JOBS, LABOR COST, LABOR COSTS, LABOR DEMAND, LABOR DISPUTES, LABOR FORCE, LABOR FORCE GROWTH, LABOR FORCE PARTICIPATION, LABOR LAWS, LABOR LEGISLATION, LABOR MARKET, LABOR MARKET ADJUSTMENT, LABOR MARKET CONDITIONS, LABOR MARKET FLEXIBILITY, LABOR MARKET INFORMATION, LABOR MARKET INSTITUTIONS, LABOR MARKET INTERVENTIONS, LABOR MARKET OUTCOMES, LABOR MARKET PERFORMANCE, LABOR MARKET POLICIES, LABOR MARKET POLICY, LABOR MARKET SERVICES, LABOR MARKET SITUATION, LABOR MARKET TRANSITION, LABOR MARKETS, LABOR MIGRATION, LABOR PRODUCTIVITY, LABOR REGULATIONS, LABOR RELATIONS, LABOR RESOURCES, LABOR SUPPLY, LABOUR, LABOUR FORCE, LABOUR MARKET, LABOUR OFFICE, LARGE ENTERPRISES, LIFELONG LEARNING, LIVING STANDARDS, LOCAL EMPLOYERS, LOCAL LABOR MARKETS, LONG-TERM UNEMPLOYMENT, LOSS OF EMPLOYMENT, MARKET TRENDS, MINIMUM WAGE, MINIMUM WAGES, MONTHLY INCOME, MORTALITY, MOTIVATION, NEW JOBS, OCCUPATION, OLDER PEOPLE, OLDER WOMEN, OLDER WORKERS, ON-THE-JOB TRAINING, ON-THE-JOB TRAINING PROGRAMS, PART-TIME EMPLOYMENT, PAYROLL TAXES, PENSION, PENSIONS, PERMANENT JOBS, PRIMARY SOURCE, PRIVATE COMPANIES, PRIVATE EMPLOYMENT, PRIVATE ENTERPRISES, PRIVATE FIRMS, PRIVATE SECTOR, PRIVATE SECTOR EMPLOYEES, PRIVATE SECTOR JOBS, PRODUCTIVITY DIFFERENTIAL, PRODUCTIVITY GROWTH, PUBLIC EMPLOYMENT, PUBLIC EMPLOYMENT SERVICES, PUBLIC SECTOR DOWNSIZING, PUBLIC SERVICES, PUBLIC WORKS, PUBLIC WORKS PROGRAMS, PURCHASING POWER, RAPID GROWTH, REAL WAGES, REGULAR JOB, RETAIL TRADE, RETIREMENT, RETIREMENT AGE, RURAL EMPLOYMENT, SECONDARY EDUCATION, SERVICE SECTOR, SERVICE SECTORS, SKILL REQUIREMENTS, SKILLED WORKERS, SKILLED WORKFORCE, SMALL BUSINESS, SMALL BUSINESSES, SOCIAL ASSISTANCE, SOCIAL BENEFITS, SOCIAL FUNDS, SOCIAL PROTECTION, SOCIAL SECURITY, SOCIAL SERVICE, STATE PENSIONS, STATE-OWNED ENTERPRISES, SUBSIDIZED EMPLOYMENT, TAX RATES, TEMPORARY EMPLOYMENT, TEMPORARY JOBS, TEMPORARY WORK, TOTAL EMPLOYMENT, TRADE UNIONS, TRAINING CONTENT, TRAINING INSTITUTIONS, TRAINING PROGRAMS, TRAINING SYSTEM, UNEMPLOYED, UNEMPLOYED ADULTS, UNEMPLOYED INDIVIDUALS, UNEMPLOYED JOB SEEKERS, UNEMPLOYED PEOPLE, UNEMPLOYED YOUTH, UNEMPLOYMENT, UNEMPLOYMENT BENEFIT, UNEMPLOYMENT BENEFITS, UNEMPLOYMENT INSURANCE, UNEMPLOYMENT LEVELS, UNEMPLOYMENT RATE, UNEMPLOYMENT RATES, UNEMPLOYMENT SPELL, UNPAID FAMILY WORKERS, UNSKILLED LABOR, URBAN UNEMPLOYMENT, VALUABLE, VOCATIONAL EDUCATION, VOCATIONAL REHABILITATION, VOCATIONAL SCHOOL, VOCATIONAL TRAINING, WAGE DIFFERENTIALS, WAGE INEQUALITY, WAGE LEVELS, WAGE POLICIES, WITHDRAWAL, WORKER, WORKERS, WORKING CONDITIONS, WORKING HOURS, WORLD MARKETS, YOUNG PEOPLE, YOUNG WOMEN, YOUTH EMPLOYMENT, YOUTH LABOR, YOUTH UNEMPLOYMENT,
Online Access:	http://documents.worldbank.org/curated/en/2007/05/8599143/armenia-labor-market-dynamics-vol-1-2-overview https://hdl.handle.net/10986/7844
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