BUSINESS INFORM №12-2015

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Section: Globalization Processes in the Economy
UDC 331.5; 331.31
Petrenko K. V., Pigul V. V.
Peculiarities of Formation and Development of the Global Labor Market (p. 37 - 42)
The article is aimed at comprehensive studying of the processes in the formation of global labor market. Theoretical aspects of formation of the global labor market have been considered, theories of development of the labor market in the context of labor force migration and in terms of various economic schools have been explored, segments of the modern labor market and the factors influencing it have been provided. The article also analyses the current status of the labor market of the world, namely, by researching the major trends in both employment and unemployment in the recent years. It has been determined that there are a number of problems which negatively affect the functioning of the global labor market, including the rising unemployment and the reducing employment. Trends to increase employment in the service sector as well as «brain drain» have been researched. It has been found that for a better functioning of the labor market, creation of new jobs together with stimulating activities of the economically active population is necessary, thus the economic development of the world countries will be forwarded.
Keywords: global labor market, employment, unemployment, migration
Fig.: 3. Tabl.: 1. Bibl.: 8.

Petrenko Kateryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economy, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: [email protected]
Pigul Viktoria V. – Student, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Petrenko, Kateryna V., and Pigul, Viktoria V. (2015) “Peculiarities of Formation and Development of the Global Labor Market.” Business Inform 12:37–42.

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