INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Vol. 2 No. 12 (2024): In Press December

LABOR MARKET DYNAMICS AND IMPLICATIONS FOR ECONOMIC GROWTH

Ana Fitriyatul Bilgies (Unknown)
Ladjin, Nurjanna (Unknown)
Manao, Alwinda (Unknown)



Article Info

Publish Date
15 Aug 2024

Abstract

Labor market dynamics play an important role in determining the direction and speed of a country's economic growth. Changes in the composition, skills and mobility of the workforce have significant implications for productivity, innovation and social welfare. Digital transformation and globalization have changed skills needs, created new demands in the job market and driven increased investment in education and training. The unemployment rate, wage structure, and social inclusion in the labor market also influence economic stability and income equality. Therefore, policies that support the creation of productive and inclusive jobs, as well as encouraging workforce mobility and adaptation to technological and economic changes, are crucial in ensuring sustainable economic growth. This study examines various factors that influence labor market dynamics and identifies strategic policies that can be implemented to maximize the contribution of the labor sector to economic growth.

Copyrights © 2024






Journal Info

Abbrev

ijle

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...