< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 4 sources · 9 days · First seen · Last updated

Socio-economic developments in North Macedonia

Overview

North Macedonia is experiencing diverse socio-economic shifts involving its labor market and international relations.

The domestic labor market is currently defined by a paradox of high unemployment alongside significant job vacancies. Experts identify a mismatch between worker qualifications and market needs, noting that many unemployed individuals lack the digital or green skills required by modern industries. Furthermore, businesses are struggling with “actively disengaged employees” who perform minimal work, impacting overall productivity.

Simultaneously, the country is seeing increased interest from Turkish tourists, supported by cultural heritage and new cooperation protocols. However, the trend of Turkish citizens relocating to Skopje is facing hurdles, as expatriates encounter difficulties with permanent residency, citizenship, and a limited local job market.

Entities

North Macedonia · Sedat Süleymani · TÜRKSOY · Regional Chamber of Commerce · Skopje

Timeline

  1. 3 days ago

    [CULTURE] 2 sources
    North Macedonia sees rising Turkish tourism amid expatriate challenges

    North Macedonia is experiencing increased interest from Turkish tourists due to cultural ties, though some Turkish expatriates in Skopje are returning home due to residency hurdles and limited economic markets.

  2. 11 days ago

    [BUSINESS] 2 sources
    North Macedonia labor market faces skill gaps and low engagement

    North Macedonia faces a labor market paradox where 90,000 are unemployed despite 10,000 vacancies, driven by skill mismatches and low employee engagement.

Sources

aksam.com.tr · artigercek.com · denar.mk · sitel.com.mk