International University of Travnik , Travnik , Bosnia and Herzegovina
Veleučilište „Lavoslav Ružička“ u Vukovaru, Županijska 50, Vukovar , Vukovar , Croatia
Internacionalni univerzitet Brčko Distrikt BiH, M. Malića i I. Džindića bb, Brčko Bosnia and Herzegovina
The paper analyzes the impact of globalization on the labor market, with a special focus on the labor market of the Republic of Croatia. The accession of the Republic of Croatia to the European Union will lead to gradual liberalization of the labor market, which is strongly reflected on the domestic labor market and completely changes the picture of supply and demand for labor. Changes in the labor market are becoming dynamic and constant, and it is increasingly difficult to respond to them. The work points to the need to monitor, analyze and understand changes in the labor market and their consequences, which are absolutely necessary for the creation of high-quality labor, social and general social policies, as well as education policies, as well as credible long-term sustainable business strategies, which would ensure a long-term balanced and prosperous future for as many workers and companies as possible in today's global environment
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