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COMPARISON OF ISRAEL AND MOLDOVA OF HIGHER EDUCATION LABOR MARKET AND ITS CHALLENGES

Saleh AWADA, PhD student

Free International University of Moldova

Employee of Ministry of Education, Israel

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Universal Decimal Classification: 378.046:331.5(569.4)(478)

JEL Classification: I21, I25, J23, N30

Abstract

In the article the author compares some of the factors of supply and demand for labor in higher education in Israel and the Republic of Moldova. Under conditions of rapid growth of technologies, the demands of employers to the employees also change rapidly. The labor market is the main entity who determines modern demands towards the education services. The higher education market supplies the labor market with the professional human resources (specialists) that companies and industries need to function effectively. Any higher education institution must take into account the situation on the labor market, both today and in the future. The author compared Higher education market in Israel and Moldova, identified challenges in the labor market in the field of education and proposed possible solutions based on international experience.

Keywords: labor market, Higher education, human resources, education system, challenges and solutions