No Will to Work
Ever since we were children, we were told to study well in school and find a good-paying job when we're older so that we can lead a decent life. With a job, we're supposed to be able to do everything - pay the bills, fulfill our desires, lead a successful career, and occasionally go on vacations - but it seems that fewer and fewer people are willing to work nowadays.
The Mongolian population has exceeded 3.2 million and 25,000 of them are registered as unemployed, according to the latest labor market data published earlier this year. There are over 2.1 million people old enough to work, or between the ages of 15 and 60, and approximately 1.3 million of them are healthy and capable of being economically active. Despite this, eight percent of the economically active population remains unemployed, according to the National Statistics Office.
In terms of employment, almost half of the employed have stable income and pay all social insurances, whereas 26.8 percent are engaged in agriculture, 19.6 percent are self-employed and another 19.6 percent are household producers. However, labor analysts strongly denied their contribution to the society and economy.
They explained that the incomes of household producers are often seasonal and herders have unstable income. Due to this, they are unable to increase their household income, create savings or improve their livelihood.
The latest labor force survey...
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