Evaluation of labor skills in Latvia

Abstract

Skills are a decisive factor for the country's economic development and social-well-being. The OECD emphasizes that strips can help countries integrate into global markets and specialize in technological advanced industries, and countries need to invest in fields not only to help people enter the labour market and protect from the risk of job losses and low quality of work, but also to increase international competitiveness and economic progress in an interlinked world. The aim of the research is to evaluate the most demanded labour skills in Latvia within the framework of certain groups of professions, as well as trends in the demand changes according to the skills of employees in order to better identify the specialists and their activities required for the national economy in accordance with the needs of the national economy. A matrix of skill set was developed within the framework of the study, which summarizes the skills characteristic of each occupation group according to their importance, as well as the list of the most bonded strips in the Latvian market (Top 10). By analyzing the scraps groups corresponding to the occupational groups, it concluded that in all major occupational groups among the most important skills mentioned to comply with the requirements of the regulatory enactments and other regulatory documents, to plan and organize the work to be done, to work in the team/group, to communicate and cooperate, and to self-educate, to new knowledge and skills.