World Employment in Business Finance sector for Women: Moldova Leads Growth

Employment rate

Abstract

Moldova’s 2021 employment rates reflect unique labor market dynamics, with high participation in both the overall 15-64 age group and the electric utility industry. Historically, Moldova has had a relatively high employment rate due to its transition economy, where employment in various sectors, including utilities, has been crucial. The electric utility industry, which saw a 2.62% employment rate in 2021, has been a significant source of stable jobs, contributing to the country’s economic resilience. This trend indicates a strong sectoral reliance on utilities in Moldova’s labor market structure.

Employment rate for all 15-64 year olds, electric utility companies (percentage of working-age population)

Kyrgyzstan’s peak employment rate of 33.1% in 2017 highlights a significant moment in the country’s labor market, with a strong labor force participation relative to its working-age population. Since then, the employment rate has decreased by 6.54%, reflecting potential challenges such as economic shifts, migration, and structural changes in employment sectors. Over the past few decades, global trends have seen varied shifts in the electric utility industry’s labor demands, influenced by technological advancements and economic restructuring, affecting the broader employment landscape in many countries.

Employment rate for all 15-64 year olds, electric utility companies (percentage of working-age population)
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The maximum is 33.1%[2017] of Kyrgyzstan, and the current value is about 6.54%

Employment rate for the electric utility industry (percentage of working-age population) for all 15-64 year-olds (worldwide)

Kyrgyzstan’s 33.1% peak employment rate in 2017 illustrates a significant workforce participation level, reflecting its unique economic and labor dynamics. Since then, the rate has dropped by 6.54%, possibly due to economic changes, migration, or shifts in industry needs. Globally, the 15-64 age group’s employment rates have fluctuated, influenced by technological advancements, automation, and demographic shifts. The electric utility industry, in particular, has seen evolving employment trends, with automation and green energy transitions reshaping labor demand in many countries, including Kyrgyzstan.

Employment rate for the electric utility industry (percentage of working-age population) for all 15-64 year-olds (worldwide)
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The maximum is 33.1%[2017] of Kyrgyzstan, and the current value is about 6.54%

Employment rate for 15-64 year olds overall, electricity utilities (percentage of working age employed population) (Worldwide, latest year)

In 2021, Moldova recorded the highest overall employment rate at 2.62% for the 15-64 age group, reflecting a notable reliance on active labor participation. This rate stands in contrast to the global average of 952 million employed individuals, with a global total employment rate of 13.3%. Trends show varying employment structures across countries, influenced by factors such as economic development, industry shifts, and demographic trends. The electric utility industry, integral to many economies, is undergoing transformations with increased automation and green energy transitions, impacting overall employment dynamics.

Employment rate for 15-64 year olds overall, electricity utilities (percentage of working age employed population) (Worldwide, latest year)
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The maximum is 2.62% of Moldova, the average is 952m%, and the total is 13.3%

Reference

The World Bank – Global Jobs Indicators

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