The annual labor market demand assessment — the barometer survey — was that year organized and carried out by the Labor Research Institute. Drawing on a questionnaire put to organizations planning to take on new staff, it calculated demand for the twelve months from June 2013 to June 2014.
Demand for labor was highest in construction and infrastructure, followed by processing and manufacturing. For that year, the sector with the fastest growth was calculated to be agriculture.
Construction that year showed a total requirement of roughly 197,000 workers, while domestic construction and infrastructure companies employed more than 160,000 — leaving a visible shortfall of some thirty thousand workers. The survey also showed those companies planning to take on more than 20,000 new staff.
Looking at construction alone makes it plain that the domestic supply of labor is inadequate. Judging by the structural growth of Mongolia's economy at the time, the need for skilled workers stood at an equally high level in other sectors.
Among the most sought-after occupations were personnel working in light industry and the roads sector, while lawyers, journalists, and artists were named among the occupations in least demand.
For university graduates, and particularly those finishing in the social sciences, the supply of jobs was not adequate — the scarcity of opportunities to work in their own field points to a gap between what higher education produces and what the labor market demands.
Among the occupations in greatest demand are personnel working in light industry and in the roads sector, while the occupations in least demand include lawyers, journalists, and artists. Viewers, here is a report showing where the trends in the labor market are turning. Thank you for staying with us. We will now continue discussing the very subject we have just shown you with our guest.
In other words — Chimeddorj, director of the Labor Research Institute attached to the Ministry of Labor, has come to our studio. Good evening to you, as we go live. Thank you, and good evening to the viewers. Thank you.
So, we have just shown the list of the specialists in greatest demand. Over what period is this list of in-demand occupations expected to hold? And by what criteria were these twenty occupations judged to be the most in demand? There is an annual survey — the assessment of one year's labor market demand, the barometer survey, which is carried out every year. This year our institute organized and conducted that survey. So the occupations in highest demand over the coming twelve months — that is, over the one-year period from June 2013 to June 2014 — were calculated and published on the basis of a questionnaire put to the organizations planning to take on new staff in that period.
Looking at it by sector, the sector with the highest demand for labor is construction and infrastructure. Next comes processing and manufacturing. And the sector with the fastest growth, for this year, is calculated to be agriculture.
And in these occupations that are in demand, how many people are actually graduating in the relevant field? In other words, how much of a workforce is there for the jobs that are in demand? Let us begin with the sector in highest demand. In construction this year there is a total requirement of roughly 197,000 workers. Of these, the domestic construction companies — the companies working in construction and infrastructure — account for more than 160,000 workers, and behind that a picture emerges of a shortfall of some thirty thousand. Judging by the results of the barometer survey I mentioned, the companies working in construction and infrastructure say they plan to take on more than 20,000 new staff in total. And beyond that, a shortage of labor is forming.
So looking at the construction sector alone, it is clear that the domestic supply of labor is inadequate. In the other sectors too — judging by the current structural growth of Mongolia's economy — the need for skilled workers stands at a very high level. For those graduating from universities, however, and particularly for students finishing in the social sciences, the supply of jobs is not at an adequate level. In other words, the students who study and graduate in the social fields have scarce opportunity to work in their own profession.
Dear viewers, this time we invited an expert in order to bring you specific information. On this occasion Chimeddorj, director of the Labor Research Institute under the Ministry of Labor, joined us in our studio. We wish you success in your work. Thank you. Goodbye.
Note: This transcript was translated and edited from the Mongolian recording, and editorial revisions are still ongoing.