Mongolia's Workforce Demand in 2025 will Reach 83.7 Thousand www.montsame.mn
According to a study by the Employment Policy Research Department of the Training, Assessment, and Research Institute of Labor and Social Protection of Mongolia, workforce demand for the domestic labor market in 2025 will reach 83.7 thousand.
The labor market of the country is greatly affected by the season. Two out of every three job openings in a year tend to be created in the first half of the year and this trend is expected to continue in 2025, with 79.2 percent of the total labor force demand falling in the first half of the year. In the last 10 years, the national labor demand has fluctuated between 52 thousand and 95 thousand, with an average of 76.2 thousand, while in 2025 this figure will reach 83.7 thousand.
The labor market demand research is vital in determining the short-term labor demand of the Mongolian labor market, providing policymakers and decision-makers, as well as researchers and data users with information that can be used in the medium-term and long-term estimates of labor demand, according to the Ministry of Family, Labor and Social Protection.
Published Date:2025-01-29