Abstract:
This paper presents and discusses results of a study on workforce forecasting for the industrial
sector from 2007 to 2016. The workforce demand is estimated based on past investment and
employment generation data. Two mathematical models were developed in order to forecast
the future demand of the workforce at the national level and export processing zone level. An
indicator called employment creation per investment was developed for the study. The data was
collected from Ministry of Investment Promotion since 1985 on investments and employment
creation.