Socio-economic aspects of state regulation of the labor market in Ukraine

Ladonko Liudmyla
Doctor of Economics, Professor of Art Disciplines T.H. Shevchenko National University «Chernihiv Collegium», Chernihiv, E-mail:Ladonkoluda@gmail.com, ORCID ID: https://orcid.org/0000-0002-7699-7025

Cite this article:

Ladonko L. (2022) Socio-economic aspects of state regulation of the labor market in Ukraine. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Socialno-ekonomichni aspekti derzhavnogo regulyuvannya rinku praci v Ukrayini; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 1-2 (290-291), pp. 79-87.

Abstract

Purpose of the study. Analytical studies of the current state and socio-economic aspects of state regulation of the labor market of Ukraine during the COVID-19 pandemic. Research methodology. The methodological basis of the research is fundamental research of foreign and domestic scientists on state regulation of the national labor market. In the process of performing the research, the following methods of cognition of economic phenomena and processes were used to solve the tasks set in the work: system analysis – to reveal the foundations of the conceptual apparatus of state regulation of the national labor market; statistical analysis-to monitor current trends and analyze the state of the national labor market; abstract-logical method – for formulating conclusions and implementing theoretical generalizations on the development of the labor market in Ukraine; Tabular method-for visual representation of theoretical and analytical material to reflect the main trends in the development of the national labor market.Research results. It is proposed that the labor market is formed nationwide under the influence of economic, political, social, demographic, territorial, and other factors, acquiring signs of a single national market. It was noted that in the current conditions of economic development, the labor market, as an important regulator of the ability and supply of labor, needs to solve several important socio-economic problems. Furthermore, it is proposed to define the labor market as a system of social relations, social norms, and relationships formed between employers and employees in the process of buying and selling a specific product - labor. It is suggested to define the labor market as a system of social relations, social norms, and relationships formed between employers and employees in the process of buying and selling a specific product - labor. The main trends in the formation and development of the national labor market, which were manifested under the influence of the coronavirus crisis, are highlighted. It is determined that the success of overcoming the crisis phenomena that have developed in the labor market requires a comprehensive state and regional policy, which should include the implementation of measures to create additional jobs, improve tax legislation in the direction of entrepreneurship development and, as a result, increase the actual level of employment and income of the population. The practical significance of the research results. The main goals of state regulation of the labor market and the main problems that the state needs to solve during the crisis period are clarified and justified. It is determined that the employment policy in Ukraine should be based on further development and expanded active measures of state regulation to create appropriate working conditions, prevent unemployment, taking into account the state of the socio-economic situation in the country and regions.

Keywords

labor market, labor force, Employment, Unemployment, state regulation of the labor market.

JEL classification: O400, H830, J210; DOI: 10.32680/2409-9260-2022-1-2-290-291-79-87

UD classification: 331.5

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