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The Labor Market in Ukraine: the Current Status and Prospects for Development
Chatchenko T. V., Davydova I. A.

Chatchenko, Tatyana V., and Davydova, Irina A. (2019) “The Labor Market in Ukraine: the Current Status and Prospects for Development.” Business Inform 7:170–175.
https://doi.org/10.32983/2222-4459-2019-7-170-175

Section: Labour economics and social policy

UDC 331:126

Abstract:
The article is aimed at analyzing the current status of the Ukrainian labor market and summarizing both the world-wide and the national experience in the sphere of human resources management. The labor market is an important part of the country’s national economic system. Issues of the population’s employment, wages and other problems of development of labor market do not belong to the sphere of exclusively economic issues, but also to the sphere of socio-political interests of both the general public and politicians. Sellers in this market are economically active population of the country, they provide revenues to budgets of various levels through taxes and fees. At the same time, these actors may move to another countries or regions, causing losses in budget revenues, reduce in the gross domestic product of the territory concerned, outflow of highly skilled personnel, etc. The possibilities of people traveling across borders increase with the growth of globalization processes, the reduction of barriers both physical and formal: abolition or simplification of visa regimes between countries, increase in the number of carriers of different kinds, simplification of labor laws of different countries, allowing the business entities of these countries to hire foreign citizens. The article defines the negative features inherent in the Ukrainian labor market and proposes specific directions and measures to eliminate them.

Keywords: labor market, employment, population, unemployment.

Fig.: 4. Bibl.: 9.

Chatchenko Tatyana V. – Candidate of Sciences (Economics), Associate Professor, Department of Economic Theory and Economic Management Methods, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Davydova Irina A. – Candidate of Sciences (Economics), Associate Professor, Department of Economic Theory and Economic Management Methods, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)

List of references in article

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Ofitsiina storinka Derzhavnoi sluzhby zainiatosti Ukrainy. http://www.dsz.gov.ua
Volkova, O. V. Rynok pratsi [Labor market]. Kyiv: TsUL, 2017.
Vogel, P. “The Youth Unemployment Crisis and the Threat of a “Generation Jobless”“. In Generation Jobless?, 3-44. London: Palgrave Macmillan, 2015.
Gregg, P. “The impact of youth unemployment on adult unemployment in the NCDS“. The Economic Journal, vol. 111, no. 475 (2011): 626-653.
“USAID. Youth engagement in development: Effective approaches and action-oriented recommendations for the field“. Washington, DC: USAID. 2014. https://gsdrc.org/professional-dev/jobs-unemployment-and-violence/
Cramer, C. “Jobs, unemployment and violence. GSDRC Professional Development Reading Pack No. 10“. Birmingham: University of Birmingham, 2015. http://www.gsdrc.org/docs/open/readingpacks/jobsunemployment.pdf
Fay, R. G. “Enhancing the effectiveness of active labour market policies: Evidence from programme evaluations in OECD countries“. In Labour Market and Social Policy Occasional Papers No. 18. Paris: OECD, 2006.
“Anri Maloss, glava Yevropeyskogo ekonomicheskogo komiteta: «Esli Ukraina smozhet razvivat otnosheniya i s YeS, i s RF, to stanet rayem dlya inostrannykh investitsiy»“ [Henri Maloss, head of the European Economic Committee: “If Ukraine can develop relations with the EU and the Russian Federation, it will become a paradise for foreign investment”]. Biznes, no. 6 (2014): 17-20.

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