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The analysis of educational level affecting on employment in Vientiane capital, Lao People's Democratic Republic

Author

Listed:
  • Kitxana LUANGAPHAY

    (University of Debrecen, Faculty of Economics and Business)

  • Viktoria VIDA

    (University of Debrecen, Faculty of Economics and Business)

Abstract

Labour market in this world has many diversities depending on the country in which every country has a different policy to provide or assist their population. Based on the world development plans, the world government aims to increase the labour force in order to improve the economic performance, which means government sector, business sector, and international firms require a huge amount of work forces to operate their own organization. So the requirements of the workplace mostly need employees that are satisfied to work, have labour skills and reliable on development and profitability to their firm. Currently, Laos is about to getting forward from undeveloped country to developing country, which it is also effect directly to Ministry of Education, and Sport of Laos such create policy for support the development on education field. According to this, most of the firms also expect that their future employees should at least graduate with a bachelor degree. Therefore, the purpose of this study is to show how the issue of employment is currently developing in Laos based on the results of the questionnaire.

Suggested Citation

  • Kitxana LUANGAPHAY & Viktoria VIDA, 2023. "The analysis of educational level affecting on employment in Vientiane capital, Lao People's Democratic Republic," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 7-15, July.
    • Handle: RePEc:cmj:journl:y:2023:i:1:p:7-15
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    More about this item

    Keywords

    Leadership; Business; Virtue; Efficiency; Performance;
    All these keywords.

    JEL classification:

    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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