IDENTIFYING KEY ISSUES IN UZBEKISTAN'S LABOR MARKET FOR SUSTAINABLE DEVELOPMENT

09.11.2023 International Scientific Journal "Science and Innovation". Series A. Volume 2 Issue 11

Dinara Adkhamova

Abstract. This paper aims to examine the labor market in Uzbekistan, identifying its trends and challenges, with a focus on the issues preventing long-term sustainable economic growth and development. For understanding the dynamics of the labor market and how it relates to sustainable development, labor market theories provide a valuable framework. The Sustainable Development Goals (SDGs), their meaning, and the contribution of the labor market to sustainable development are all covered in this paper. Using a desktop research approach, the article will examine the relationship between sustainable development and the Uzbek labor market. According to research, the labor market's challenges include a low labor force participation rate in terms of household income, an adverse employment climate, issues with youth employment and skill development, a lack of formal contracts, and job prospects. The recommended remedies to these issues include issuing government policies and initiatives that support inclusive growth, encourage entrepreneurship and job creation, increase access to education and training, and enhance labor market intermediation. In addition, improving the education system, especially in rural regions, and supporting the expansion of private sector activities can also play a role in advancing the labor market and thus sustainable development goals in Uzbekistan.

Keywords: education, development, labor market, job prospects