engleski

Employment Trends in the Croatian Furniture Manufacturing

Furniture Manufacturing as a significant segment of Croatian wood industry is characterized by numerous changes which carries the modern business world. Intense competition, which comes as a result of globalization and the recently entry into the full membership of the European Union, leads us to the necessity of looking at the current market state of labour resources, in order to predict the situation in the future. This paper focuses on an analysis of labour resources in the Croatian Furniture Manufacturing. On the basis of established values in the period 1996 - 2012, we discuss a possibility to predict employment trends in the sector. The data of the number of employees in the sector of Furniture manufacturing are gathered from Croatian Bureau of Statistics and Ministry of Finance and Financial Agency. The dynamic economic analysis of time series data was performed. Prediction is limited to year 2020, because of turbulences in this market and the length of analyzed time series.

furniture manufacturing; employment; time series models; forecasting

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