Event Details
The analysis of the labor market in the Republic of Moldova and of the economic impact of the labor force deficit provides an overview of the labor market's structure and evolution in recent years. It also estimates the additional labor force needed for the Republic of Moldova to support economic growth objectives.
The objective of this AmCham initiative is to identify the most appropriate measures to reduce the human capital deficit in the short, medium, and long term and to recommend them to responsible decision-makers and the private sector, for which ensuring the necessary labor force is one of the most significant challenges faced in the Republic of Moldova.
The analysis was conducted for AmCham Moldova by PricewaterhouseCoopers (PwC) Moldova, based on publicly available data from the National Bureau of Statistics and the General Inspectorate for Immigration. The analysis is structured into four components: (i) a description of the current context of the labor market, (ii) an estimation of the labor force deficit, (iii) an estimation of the economic impact of the labor force deficit, and (iv) policy recommendations based on models of best practices from other states. Methodological specifications are included within the analysis.