Moldova’s labor market is showing promising signs of improvement as the unemployment rate falls to its lowest point since early 2022. Recent government reports highlight a steady influx of job opportunities across various sectors, particularly in manufacturing, IT services, and agriculture. This downward trend reflects the broader economic recovery following global disruptions, with business confidence stabilizing and foreign investments picking up pace.

Key factors contributing to this positive shift include:

  • Expansion of export-oriented industries, boosting employment rates in border regions
  • Increased governmental support for small and medium enterprises (SMEs)
  • Stronger partnerships with international firms facilitating new job creation
Sector Unemployment Rate 2023 Unemployment Rate Q1 2024
Manufacturing 8.5% 5.9%
IT Services 7.3% 4.7%
Agriculture 10.1% 7.2%