MINIMUM WAGE - A DETERMININANT OF ENSURING SUSTAINABLE EMPLOYMENT IN THE REPUBLIC OF MOLDOVA

Birca Alic
Additional contact information
Birca Alic: ACADEMY OF ECONOMIC STUDIES OF MOLDOVA, REPUBLIC OF MOLDOVA

Annals - Economy Series, 2024, vol. 4, 132-141

Abstract: In this scientific endeavour, the minimum wage is discussed, including its effects and implications on the labour market. The minimum wage has been a concern not only for researchers but also for policy makers in government institutions. The minimum wage is also a concern of the European Union, which opts for adequate minimum wages at Member State level that cover the needs of the employee and reduce the poverty level of the employee. The minimum wage also has implications for employment levels, as higher national or sectoral minimum wages make jobs more attractive and lead to sustainable employment. In order to analyse the minimum wage at national level and by field of activity in the Republic of Moldova, data provided by the National Bureau of Statistics were used. The results of the investigations showed clear discrepancies between the minimum wage and the average gross monthly wage in several fields of activity. In many areas of activity, the share of employees whose average gross monthly wage is close to the minimum wage exceeds 30%, and in some fields of the economy - even 50%, which increases the vulnerability of these employees.

Keywords: minimum wage; average gross monthly wage; workforce; employment; sustainable employment. (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.utgjiu.ro/revista/ec/pdf/2024-04/13_Birca2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2024:v:4:p:132-141

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).