THE LABOR MARKET AND THE SKILLS NEEDS DEVELOPMENT AMONG ADULTS IN THE REPUBLIC OF NORTH MACEDONIA

Abstract

In the rapidly evolving global economy, aligning labor market demands with
skills needs development among adults is critical for sustainable economic growth and
individual career success. This alignment ensures that the workforce remains competitive,
adaptable and capable of meeting industry requirements. A significant mismatch
between labor market demands and available skills can lead to increased unemployment,
underemployment, and diminished economic productivity. Addressing this gap necessitates
a comprehensive understanding of current and future labor market trends, coupled
with targeted educational and training programs.
Adult education and continuous professional development play pivotal roles
in this context, enabling workers to acquire new skills and upgrade existing ones in
response to technological advancements and changing job roles. Collaboration among
policymakers, educational institutions and industry stakeholders is essential to create
responsive training programs that reflect the dynamic nature of the labor market. Moreover,
effective skills development strategies can enhance job satisfaction, increase earning
potential and reduce socio-economic inequalities. By fostering a culture of lifelong
learning and adaptability, societies can better prepare their workforces for the challenges
of the future, ensuring economic resilience and improved quality of life for individuals.
This strategic approach ultimately benefits for both employers and employees, promoting
a more inclusive and robust labor market.