REGULATION OF THE YOUTH SEGMENT OF THE LABOR MARKET ON THE BASIS OF THE EIGHTH OBJECTIVE OF SUSTAINABLE DEVELOPMENT IN THE CONDITION OF INDUSTRY 4.0

Abstract

The article is devoted to the study of the youth segment of the labor market on the basis of the eighth goal of sustainable development in Industry 4.0, analysis of the basic principles of functioning and regulation of the youth segment of the labor market - part of the labor market, which is a complex of socio-economic relations. in employment at the age of 14 to 35 years. The state and dynamics of the main indicators of the youth segment of the labor market are analyzed. It is determined that the number of young people aged 25-29 and 30-34 has decreased, which is a negative trend and may indicate migration processes and problems with youth employment in Ukraine. The decrease in the number of young people was proportional to the decrease in the total population of the country. In general, the number of 20-24-year-olds has recently decreased and in the category of 25-29 years, while the number of 30-34-year-olds has increased very slowly until 2018. The dynamics of the average number of full-time employees, the coefficients of labor turnover on hiring and firing are studied. It is determined that the admission rate increased from 2014 to 2017, from 2017 to 2019 there was a decrease in admission. Also, if we consider together the dynamics of the turnover ratio on dismissal and the turnover ratio on admission, we can conclude that there is a high turnover. At the same time, the average number of full-time employees was constantly declining, and in the period from 2015 to 2019 the decline was slow. The basic principles of labor market regulation at three levels of government - national, regional and local - were analyzed. The experience of leading countries in youth employment and factors that stimulate employment were studied. Based on the study, the main recommendations were identified.