Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas)
Governments around the world assign top priority to job creation and productivity growth. Developing the right skills among potential and actual workers not only makes capital and labor more productive, it also makes the adoption and invention of n...
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| Format: | Report |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/09/26775048/armenia-skills-toward-employment-productivity-step-survey-findings-urban-areas http://hdl.handle.net/10986/25199 |
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okr-10986-251992021-04-23T14:04:28Z Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) Valerio, Alexandria Herrera-Sosa, Katia Monroy-Taborda, Sebastian Chen, Dandan labor market skilled workers early childhood education skill gaps labor mobility entrepreneurship Governments around the world assign top priority to job creation and productivity growth. Developing the right skills among potential and actual workers not only makes capital and labor more productive, it also makes the adoption and invention of new technologies possible. Recent research also indicates that skill acquisition has a long-lasting impact on the trajectory of a person’s life and that inequality in skills is associated with inequality in income. Moreover, the proportion of non-agricultural low-earning jobs is high in Armenia. Low-earning jobs are defined as those that earn less than two-thirds of the median wage. By this criterion, one in four jobs in Armenia falls into this category, which represents a significantly higher share than that in most European countries, where the incidence of low pay is within the 15-20 percent range. The significant presence of informality in non-agricultural sectors is another factor that contributes to the low-productivity and low-earnings employment. To better understand skill shortages in Armenia, this report looks into the current demand for skills from the labor market, together with the landscape of skills formation and utilization in the country, using the newly available data from the World Bank’s Skills Toward Employment and Productivity (STEP) household and employer surveys, which were undertaken in the country between 2012 and 2013. These extensive surveys sampled Armenia’s urban population and firms. Based on these surveys, this report aims to provide a key diagnosis of skills demand and supply issues in Armenia, highlighting a few initial steps that need to be taken to build a highly productive Armenian labor force, one that can contribute to as well as benefit from the accelerated economic growth. 2016-10-19T20:06:44Z 2016-10-19T20:06:44Z 2015-01-31 Report http://documents.worldbank.org/curated/en/2016/09/26775048/armenia-skills-toward-employment-productivity-step-survey-findings-urban-areas http://hdl.handle.net/10986/25199 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Other Education Study Economic & Sector Work Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
labor market skilled workers early childhood education skill gaps labor mobility entrepreneurship |
| spellingShingle |
labor market skilled workers early childhood education skill gaps labor mobility entrepreneurship Valerio, Alexandria Herrera-Sosa, Katia Monroy-Taborda, Sebastian Chen, Dandan Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| geographic_facet |
Europe and Central Asia |
| description |
Governments around the world assign top
priority to job creation and productivity growth. Developing
the right skills among potential and actual workers not only
makes capital and labor more productive, it also makes the
adoption and invention of new technologies possible. Recent
research also indicates that skill acquisition has a
long-lasting impact on the trajectory of a person’s life and
that inequality in skills is associated with inequality in
income. Moreover, the proportion of non-agricultural
low-earning jobs is high in Armenia. Low-earning jobs are
defined as those that earn less than two-thirds of the
median wage. By this criterion, one in four jobs in Armenia
falls into this category, which represents a significantly
higher share than that in most European countries, where the
incidence of low pay is within the 15-20 percent range. The
significant presence of informality in non-agricultural
sectors is another factor that contributes to the
low-productivity and low-earnings employment. To better
understand skill shortages in Armenia, this report looks
into the current demand for skills from the labor market,
together with the landscape of skills formation and
utilization in the country, using the newly available data
from the World Bank’s Skills Toward Employment and
Productivity (STEP) household and employer surveys, which
were undertaken in the country between 2012 and 2013. These
extensive surveys sampled Armenia’s urban population and
firms. Based on these surveys, this report aims to provide a
key diagnosis of skills demand and supply issues in Armenia,
highlighting a few initial steps that need to be taken to
build a highly productive Armenian labor force, one that can
contribute to as well as benefit from the accelerated
economic growth. |
| format |
Report |
| author |
Valerio, Alexandria Herrera-Sosa, Katia Monroy-Taborda, Sebastian Chen, Dandan |
| author_facet |
Valerio, Alexandria Herrera-Sosa, Katia Monroy-Taborda, Sebastian Chen, Dandan |
| author_sort |
Valerio, Alexandria |
| title |
Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| title_short |
Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| title_full |
Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| title_fullStr |
Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| title_full_unstemmed |
Armenia Skills toward Employment and Productivity : Survey Findings (Urban Areas) |
| title_sort |
armenia skills toward employment and productivity : survey findings (urban areas) |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/09/26775048/armenia-skills-toward-employment-productivity-step-survey-findings-urban-areas http://hdl.handle.net/10986/25199 |
| _version_ |
1764458476557303808 |