Institutional Mechanism of Functioning of the Labor Market in the Conditions of the Market Economy of Ukraine

DOI

10.2991/aebmr.k.210320.011How to use a DOI?

Keywords

mechanism, labor market, Public Administration, institutional mechanism, employment of the population

Abstract

The development of the national economy is largely determined by the functioning of the labor market and the peculiarities of the use of labor resources. The labor market characterizes the relationships that develop in the process of hiring and evaluating the labor force and reflects the Coordination of interests between employers, employees, the state and public organizations. The issues of measuring the impact of the institutional structure on economic processes during the unfolding global financial and economic crisis have become particularly relevant. The scientific and practical experience of developed countries has shown that during this period, effective rules and regulations can stabilize the economy, while providing significant resource savings. In these conditions, the professional, qualification and educational sign of supply and demand in the labor market should correspond to the stable development of the economy. There is an urgent need for a scientific analysis of the functioning of the labor market in Ukraine and the development of mechanisms for effective socially oriented and economically justified state policy, since currently the labor market of Ukraine is characterized by its unbalance. Especially relevant is the study of the problems of formation and development of the country’s labor market. In this regard, it is of particular importance to identify the institutional foundations for the formation and development of the labor market.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Yevheniia Druhova
AU  - Yana Koval
PY  - 2021
DA  - 2021/03/22
TI  - Institutional Mechanism of Functioning of the Labor Market in the Conditions of the Market Economy of Ukraine
BT  - Proceedings of the International Conference on Economics, Law and Education Research (ELER 2021)
PB  - Atlantis Press
SP  - 58
EP  - 63
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210320.011
DO  - 10.2991/aebmr.k.210320.011
ID  - Druhova2021
ER  -