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

Kitxana Luangaphay and Viktoria Vida
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Kitxana Luangaphay: University of Debrecen, Faculty of Economics and Business
Viktoria Vida: University of Debrecen, Faculty of Economics and Business

CrossCultural Management Journal, 2023, issue 1, 7-15

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.

Keywords: Leadership; Business; Virtue; Efficiency; Performance (search for similar items in EconPapers)
JEL-codes: J21 N35 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:journl:y:2023:i:1:p:7-15

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