Original scientific paper

THE MISMATCH BETWEEN THE LABOUR MARKET AND THE EDUCATION SYSTEM IN MONTENEGRO: IMPLICATIONS AND POSSIBLE SOLUTIONS

Milorad Jovović ; Faculty of Economics, University of Montenegro, Podgorica, Montenegro
Jovan Đurašković ; Faculty of Economics, University of Montenegro, Podgorica, Montenegro
Milivoje Radović ; Faculty of Economics, University of Montenegro, Podgorica, Montenegro

Abstract

The paper analyzes the problem of the mismatch between the education system and the labour market. The aim of the research is an analysis of the current situation on the labour market, a consideration of key constraints in the education system and identifying possible solutions. The problem analysis covers a broader context: a change in the economic structure, the problem of migration and regional disparities, the specificities of the labour market and the results of the reform of the education system. An international comparison of the competitiveness of the Montenegrin economy, from the perspective of the education system and labour market is presented in the final section of the paper in order to identify room for improvement of the current situation. At the same time, the research results reveal the problem on the Montenegrin labour market of a lower or higher level of education compared to the needs of the market. In 2014, the labour supply was 24.6% higher than the demand for labour. In addition to long-term unemployment, the labour market in Montenegro is characterized by the following: unused human potential – low activity rates, high youth unemployment rates, disparities in regional unemployment, the problem of internal labour migration, intensive employment of workers from countries in the region, etc. The system of formal education in Montenegro is unconcerned about the needs of the market. The primacy of quantity over quality has contributed to the rapid growth in the number of graduates, resulting in a rise in the number of unemployed university graduates. Lack of specialization study programs and educational programs at the level of general secondary education leads to the formation of knowledge of low practical value. Eventually, it all results in a situation which is best described by this simple statement: the more easily you get a diploma, the harder it will be for you to find employment.

Keywords

labour market; education sistem; human resources; economy

Hrčak ID:

183664

URI

https://hrcak.srce.hr/183664

Publication date:

28.6.2017.

Article data in other languages: croatian

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