Magnus Spark_January 2025 Vol 4 vol.04. | Page 46

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Best Practices & Behavioral Patterns

Construction

Construction Boom in Armenia

Construction has seen significant growth in Armenia in recent years , fueled by urban development and infrastructure projects . Despite this , the sector faces notable hiring challenges due to skill shortages and demographic shifts .

Skill Gaps in the Market

For years , niche construction roles were not in demand , creating a lack of qualified professionals in the market today . Many skilled workers are nearing retirement , while fewer young talents are entering the field . Companies often hire less experienced candidates based on soft skills and potential , compensating with on-the-job training to address the technical knowledge gap .

43 Magnus Spark , volume 4