Analysis and priorities of state regulation of the labor market in crisis conditions

Author:

Shpak Yurii1ORCID,Davydenko Vitaliy2ORCID,Pasichnyk Vаsyl3ORCID,Zhukovska Valentyna4ORCID,Ivanyuta Viktoriya1ORCID

Affiliation:

1. Zhytomyr Polytechnic State University, 10001, Zhytomyr, Ukraine.

2. Vinnytsia Institute of Economics and Social sciences of University "Ukraine", 21012, Vinnytsia, Ukraine.

3. Lviv Polytechnic National University, 79059, Lviv, Ukraine.

4. State University of Trade and Economics, 59000, Kyiv, Ukraine.

Abstract

The main objective of the study was to analyze the characteristics of state regulation of the labor market in a crisis. Structural changes in the labor market are due, among other reasons, to the transformation of public and economic relations in today's globalized world. Increased competition, the development of the knowledge economy, information technology, changes in the content and forms of work require updating the system of labor market regulation. The research methodology of the study involved the use of cognition methods such as: induction and deduction, comparison and systematization to characterize the understanding of the essence of the addressed problem. In addition, the structure developed included a basic documentary study, together with IDEF modeling. It was concluded that the labor market is subject to market, corporate, state and interstate regulation, the combination of which depends on a number of dialectical factors that are formed as a function of time and space. On the other hand, market regulation is spontaneous, and corporate, state and interstate regulation, unlike market regulation, is rather biased and strictly regulated by specific policies.

Publisher

Universidad del Zulia

Subject

General Economics, Econometrics and Finance

Reference15 articles.

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