scholarly journals Analysis of the accounting speciality collage graduates’ employment opportunities at the labour market in the context of the workforce supply and demand

2019 ◽  
pp. 160-171
Author(s):  
Audronė Bagdonienė ◽  
Fausta Smolenskienė
Keyword(s):  
Young People ◽  
Labour Market ◽  
Financial Services ◽  
Supply And Demand ◽  
Research Problem ◽  
Market Demand ◽  
Employment Opportunities ◽  
Demand And Supply ◽  
The People ◽  
Job Opportunities

The problems which young people face with in order to get employed and survive, to compete successfully in the labour market has always been relevant to the society. It is obvious that after the completion of the training institutions the graduates can hope to get employed if their specialty is in high demand in the labour market. Permanent labour market demand and supply indicators are monitored and analysis allows to foresee the changes of the tendencies and trends to find out which specialty is needed most and have the most job opportunities in the world of work. Therefore, the research problem is revealed by the following questions: What are the opportunities to get employed having accounting profession? Are the people, gained such education, in demand in the labour market? The aim of the investigation – to evaluate the accounting specialty graduates’ employment opportunities in the labour market. Youth situation in the labour market is not favourable, and still significant positive changes still are not visible, because in recent years in recent years there at the labour centre applied approximately 70 thousand young people under 25 and about 20 thousand graduates. However, an analysis of the need for accounting professionals and graduates who have acquired the specialty of integration into the labour market statistics show that the demand for these professionals is not decreasing. As pointed out by some labour market analysts, this is one of the most stable professions and such individuals have significant employment opportunities in this field. This is also confirmed by the results of analysis: every year, employers offer about 2-3 thousand jobs for accountants and book-keepers; there are favourable employment opportunities in all regions of the country, as more and more businessmen are choosing financial services companies receive all levels of accounting services; every year graduates, who have acquired the specialty, number is decreasing, so the competition is to prepare professionals in the labour market is weakening; vacancy rate remains stable (on average by 0.6 per cent.), excess supply in the market for these professionals is not high, i.e. 2 persons apply for 1 vacancy.

scholarly journals Grand investment of tourism sector effort to make many villas and hotels for expanding work opportunities on budgeting

2019 ◽  
Vol 6 (6) ◽  
pp. 43-49
Author(s):  
Ni Nyoman Sunariani ◽  
A. A. Istri A. Maheswari ◽  
A. A. Gde Putra Pemayun
Keyword(s):  
Economic Growth ◽  
Vocational Education ◽  
Employment Opportunities ◽  
Social Unrest ◽  
The People ◽  
Job Opportunities ◽  
Tourism Sector ◽  
The Government ◽  
Economic Standpoint

This research discussed grand investment tourism sector efforts to increase the number of villas and hotels to expand employment opportunities in the   Sub-district of Ubud Bali." affect the economic growth of a region. The main problem is how is the tourism sector's grand investment effort to increase the number of villas and hotels to expand employment opportunities in the Sub-district of Ubud Bali? High levels of unemployment can increase the amount of crime and increase social unrest. If examined further, from an economic standpoint, if many foreign and local investments are realized then job opportunities are wide open for the people in the area and other regions so that people's income rises by itself. The government is trying to create vocational education that aims to produce a quality and superior workforce in all sectors. Investment activities are the use of a sum of money in the hope of obtaining benefits and can plan their financing and implementation as a unit of activity within a certain period of time. Expenditure on investment costs is done once and only produces benefits a few years later.

scholarly journals Wykluczenie finansowe i integracja finansowa – aspekty terminologiczne

2018 ◽  
pp. 63-83
Author(s):  
Maria Czarnecka
Keyword(s):  
Financial Services ◽  
Supply And Demand ◽  
Financial Inclusion ◽  
Demand And Supply ◽  
Financial Products ◽  
Sensitive Areas ◽  
Financial Exclusion ◽  
Use Of Services ◽  
Social Level

The aim of the article was to present the issue of financial exclusion and define sensitive areas of this phenomenon. The factors that may be relevant for measuring the degree of financial exclusion were analysed. An attempt was also made to determine the difficulties in access to financial services in the context of practices applied by both the supply and demand sides. In addition, barriers to the use of services were analysed as were financial products in terms of practices used by supply and demand. The typology of financial exclusion presented in the article is an attempt to define the type and scope of the phenomenon. Bank exclusion, credit exclusion and exclusion from the savings system are financial exclusion indicators. Each of those types of exclusion affects the economic and social level. Financial exclusion, which is one of the symptoms of the imbalance between demand and supply, is understood here as total or partial access to financial services offered by the market. The article also attempts to analyse the causes of exclusion with the division into supply and demand factors. The typology of financial exclusion proposed in the article may be a contributing factor to the reverse phenomenon, which is financial inclusion.

Employability Skills in Higher Education Sector in India

2021 ◽  
pp. 1165-1172
Author(s):  
R. Meenambigai ◽  
N. Saravanakumar ◽  
I. Ambeth ◽  
R. Pragadheeswari ◽  
P. Thiyagarajan
Keyword(s):  
Young People ◽  
Supply And Demand ◽  
Formal System ◽  
Social Progress ◽  
Industrial Training ◽  
Skill Sets ◽  
Education And Health ◽  
Job Opportunities ◽  
Industrial Schools ◽  
Skilled Workforce

The youth of India constitutes 28 percent of the Country's population and never before have there been so many young people; never again is there likely to be such potential for economic and social progress. How we meet the needs and aspirations of young people will define the common future. India as a developing Country needs to invest heavily in young people's education and health and protect their rights. The formal system of skilled workforce creation by way of Industrial Training Institutes/ Industrial schools produces only 2 percent people. It is very meager when compared to the skilled workforce of 47 percent in China and 80 percent in Japan. Livelihood opportunities are affected by supply and demand mismatch. On the supply side, India is failing to create enough job opportunities; and on the demand side, professionals entering the job market are lacking in skill sets. This results to the rising unemployment rates along with low employability issues. Skilling is the key to unlock this mismatch between the existing educational scenario and the industrial requirement.

scholarly journals The strategic role of partnerships between universities and private corporations as a driver for increasing workforce competitiveness in a global economy

2017 ◽  
Vol 11 (1) ◽  
pp. 1146-1157 ◽  
Author(s):  
Adrian-Ioan Damoc
Keyword(s):  
Labour Market ◽  
Global Economy ◽  
Supply And Demand ◽  
Business Environment ◽  
Quality Of Education ◽  
Economic Activities ◽  
Job Market ◽  
Employment Opportunities ◽  
Private Corporations

Abstract A global economic context means increased competition as corporations face contenders from other countries, and there is a wider range of choices on the market available to consumers. This global competition drives economic actors to seek competitive edges to increase the efficiency of their operations; within this global economy, corporations seek these advantages, outsourcing their activities in order to make use of the opportunities of globalisation. The same situation can be encountered on the labour market. While the expansion of economic activities globally often means increased employment opportunities, it also means that job seekers from around the world need to become more competitive on the job market to attract better employment opportunities. Workforce competitiveness is determined by various factors, like availability and ease of access (i.e. job market legislation), level and quality of education, and cost. The level and quality of education are of particular concern, as it gauges the potential of the workforce, and is the cornerstone of the controversial “skills gap”, based on a common complaint of corporations regarding a shortage of skilled employees. Acknowledging the importance of this factor, numerous companies have concluded partnerships with local universities, leading to intimate connections between the business environment and education. Thus, in the same manner that supply and demand shape the markets for typical goods and determine the success of a market, these partnerships between universities and corporations influence the labour market, bringing together demand (i.e. the corporations seeking skilled employees) and supply (universities and education centres training the future workforce). There are numerous long-term benefits that such partnerships can bring to a country’s education sector. As such, the present paper seeks to examine the strategic importance of partnerships between academia and industry as a key driver in defining the competitiveness of the workforce, with a case study on Uzbekistan.

Picking the People up from Poverty

2016 ◽  
Vol 5 (4) ◽  
pp. 1-9
Author(s):  
Abu Saleh Mohammad Sowad
Keyword(s):  
Labour Market ◽  
Legal Aspects ◽  
Comparative Approach ◽  
Poor People ◽  
Poverty Eradication ◽  
Employment Opportunities ◽  
The People ◽  
Short And Long Term ◽  
The Relationship

Being a multidimensional phenomenon, it is hard to confine poverty within any definitive parameters and even harder to send the word poverty back to dictionary. Poverty eradication needs both short and long term strategic interventions; policies regarding employment opportunities should also be planned in such way. As an economic strategy, deregulation targets to eliminate the regulating authorities of labour market and decrease the interference of legal aspects within the relationship between companies and individuals to a minimum level with a great decline in the cases of collective bargaining. Labour market deregulation creates ample employment opportunities for poor people especially women. This paper looks for an effective and efficient way to alleviate poverty between Urban Labour Market Deregulation and the development of micro-enterprises with a sketch of possibilities and vulnerabilities of both approaches and a comparative approach to find the best possible way within these two to remove poverty's shadow from humankind.

scholarly journals SOCIAL PROBLEMS OF YOUTH UNEMPLOYMENT IN THE MODERN UKRAINIAN LABOR MARKET

2020 ◽  
pp. 38-47
Author(s):  
Юлія Підвальна
Keyword(s):  
Young People ◽  
Labour Market ◽  
Supply And Demand ◽  
Youth Unemployment ◽  
Vocational Guidance ◽  
The State ◽  
Youth Employment ◽  
Guidance Services ◽  
Young Professionals ◽  
Effective System

The article considers the current problems of youth unemployment; the reasons for its occurrence are investigated. The level of employment and youth unemployment in the modern labour market in Ukraine is analyzed.The author emphasizes that the existence of a functional state is impossible without solving the problem of unemployment. Young people, as part of the population with special needs, opportunities and potential, should be the first to be addressed by the state, as neglecting their employment could have critical consequences for society as a whole.The main directions of youth employment regulation at the state and regional level are considered. The problem of youth employment exists all over the world and is solved in different ways. Informing relations with young people and their employers, the Ukrainian authorities take into account the experience of foreign scientists, the practical achievements of other countries, as adapted to the internal characteristics of the country.The task of improving the process of employment and choosing a profession, the beginning of independent employment of young professionals is formulated. The main directions for reducing youth unemployment in the labour market and increasing employment have been identified. The current state of the labour market is analyzed, the main causes of imbalance between supply and demand for young professionals are identified and a list of the most popular specialities is determined. The main ways to reduce unemployment among the youth segment are proposed. The following issues need further research: further study the problems of youth employment; to adopt the procedure for forming and placing a state order for the training of specialists, taking into account the needs of the labour market; to encourage educational institutions and enterprises to cooperate in the field of vocational guidance; to involve Ukrainian scientists in the work of youth work centres and provide recommendations for improving their activities; to form a state mechanism to support youth entrepreneurship; to create an effective system of vocational guidance for young people in popular professions and to provide an individual approach to providing vocational guidance services.

How Effective Was the Romanian Labour Market After 2008?

2021 ◽  
Vol 6 (3) ◽  
pp. 27-32
Author(s):  
Nela Steliac
Keyword(s):  
Labour Market ◽  
Unemployment Rate ◽  
Labour Supply ◽  
Supply And Demand ◽  
National Level ◽  
Upward Trend ◽  
Beveridge Curve ◽  
High Stake ◽  
Efficient Operation ◽  
Demand And Supply

The efficient operation of the labour market is a matter of high stake for every state, considering that it reflects the balance between supply and demand. The extent to which such balance is achieved is highlighted by the Beveridge curve. This paper examines the efficient operation of the Romanian labour market, as measured by the relevant indicators of labour demand and supply. In order to capture the evolution of these indicators across the three target sub-periods (the crisis, the rebound and the resumption of an upward trend), the timeline subject to survey was 2008Q2-2016Q3. The survey conducted for this purpose revealed fluctuations in the number and rate of job vacancies, respectively in the unemployment rate. However, in the last part of the surveyed period, the trend of such indicators was downward for the unemployment rate and upward for the number and rate of job vacancies. Even so, these indicators failed to match the levels recorded before the outbreak of the economic crisis. Due to such evolutions, the Beveridge curve presented shifts of direction specific to the three sub-periods. Throughout the last part of the surveyed period, the curve seemed to recover slightly towards the top-left direction at national level. However, regionally, the evolutions of labour supply and demand varied, and the Beveridge curves varied accordingly. Surprisingly, it was not Bucharest-Ilfov, considered the best economically developed area in Romania, which reported the best correlation between labour supply and demand, but the Central region.

Labour market state analysis in the sphere of the hospitality industry on the example of Voronezh

Servis plus ◽  
10.12737/6467 ◽  
2014 ◽  
Vol 8 (4) ◽  
pp. 53-58
Author(s):  
Ирина Щетилина ◽  
Irina Shchetilina ◽  
Наталья Родионова ◽  
Natalya Rodionova ◽  
Марина Мануковская ◽  
...  
Keyword(s):  
Labour Market ◽  
Hospitality Industry ◽  
Supply And Demand ◽  
Professional Activity ◽  
Highly Qualified ◽  
Job Opportunities ◽  
Hotel Service ◽  
Market State ◽  
The Face ◽  
Staff Relations

The sphere of hotel service is unique, because the staff is apart of the hotel product. Often it is difficult to distinguish the material part of the product from its spiritual component. The stuff that supplies services is the most important component of these services. The same services can be supplied in different ways, because the personnel of the hotel serves customers differently. The stuff has to receive visitors in such way that he would become a regular customer. It constitutes the main advantage of accommodation. The staff relations must be arranged in such manner that the staff would perform labour in all levels of organization structure with the conscious that their professional activity and the service atmosphere which they create are forming the conscience of the customer. Highly qualified stuff recruitment is a very important question in any sphere of activity. The hotel sphere is not an exclusion. The owners of the hotels should recruit the stuff without overlooking highly qualified specialists. The staff of the hotel is the face of the establishment and it is very important to be sure that the employee performs his labour qualitatively and is polite enough towards the guests etc. The more competent recruitment implies that the hotel gets more favorable responses and consequently more guests. The well matched highly qualified stuff is the keystone to success. The article comprises the analysis of the labour market state in the sphere of hospitality industry. The supply and demand of vacancies in Voronezh was studied. Professions and vacancies with best job opportunities were determined as the result of the analysis.

Sign in / Sign up

Export Citation Format

Share Document