Labor Market Management: Analysis, Control and Optimization of Employment

Ivan Bakhov and Elina Boichenko

Purpose: The purpose of the paper is to establish the problems of labor market formation in the current realities of Ukraine in the period of labor market formation. Design/Methodology/Approach: The method of longitudinal study allows finding how the expectations towards financial situation and employment behaviour change over ten years. Methodology: Methods of economic analysis and synthesis, the method of comparison, and the graphic method are used in the paper. The analysis of the Ukrainian labor market is conducted based on a generalization of studies of Ukrainian and foreign scientists and the existing methodology for assessing employment and unemployment. The tables and figures are based on official data of the State Statistics Committee of Ukraine. The survey is based on a comparison of data from the five sets of state statistics of Ukraine presented in 2008, 2009, 2010, 2017 and 2017 about the employed and unemployed people. Findings: The current model of the modern labor market in Ukraine is characterized by a high unemployment level, with a considerable shortage of personnel. In many sectors of the Ukrainian economy, the need for skilled workers is growing, but vacancies remain open, due to lack of workers of the required qualifications. The existing negative trends in the development of socio-economic processes in Ukraine have been expressed in a high level of unemployment; contradictions between the supply and demand of the labor force; activation of migration activity of the population; the presence of territorial and sectoral disproportions in its placement; polarization of wages and salaries in the branches of economy; disproportions between specialists with university degrees and skilled workers, etc. Migration processes have a mixed impact on the formation of the sex-age and educational and professional structure of the labor market, the social division of labor and the level of payment for it, the distribution and redistribution of labor, as well as on the level of social tension in the country. Unfortunately, the quantitative characteristics of migration turnover are rarely considered in the organic relationship with its specific social consequences, which can be both positive and negative. In Ukraine, there is a loss of working-age population due to migration, which tends to increase substantially. In the country, there is a decrease in the volumes of training skilled workers by vocational institutions and educational institutions of the 1st and 2nd accreditation levels due to a substantial increase in training specialists and masters at higher education institutions of the 3rd and 4th accreditation levels, which leads to an imbalance in the occupational qualification structure of employment.

Volume 11 | 10-Special Issue

Pages: 587-594

DOI: 10.5373/JARDCS/V11SP10/20192846