Forecast of Labor Demand in Armenia by Educational Levels and Administrative Units: Analysis of Fieldwork

This study explores labor demand forecasting in Armenia, emphasizing educational levels and administrative units during the 2024–2029 Utilizing data from surveys conducted with 7,270 organizations across public and private sectors, the research uncovers critical trends, mismatches, and projections in the labor market. The findings reveal significant regional disparities in workforce requirements, with Yerevan exhibiting a higher demand for tertiary-educated professionals compared to rural areas. The study also highlights the private sector's preference for technical and vocational skills, while demand for workers with lower educational attainment is diminishing. Key insights from the research demonstrate the structural challenges of Armenia’s labor market, including imbalances between supply and demand for skilled labor across regions and sectors. The results underscore the need for targeted policies to address these discrepancies, including reforms in education and workforce development. By aligning the education system with market needs and reducing territorial inequalities, the study provides actionable recommendations to support Armenia’s socio-economic development. This comprehensive analysis contributes to improving labor market planning, fostering employment growth, and ensuring equitable economic progress across all regions.