| Issue: | 2025 №1 (89) |
| Section: | Economics of enterprise |
| UDK: | 331.5 |
| DOI: | https://doi.org/10.33271/ebdut/89.189 |
| Article language: | English |
| Pages: | 189-195 |
| Title: | Modern trends in labor market transformation in post-soviet countries – causes and challenges |
| Author: | Sreseli Lali., Gori State University (Georgia) |
| Annotation: | Methods. The labor market is an objectively necessary element of a market economy. Without a full-fledged labor market, the full functioning of market relations as a system is impossible. The elimination of unemployment and the fight against its negative consequences are impossible without systematic research and analysis of the current situation in the labor market, the causes of unemployment, and the demand and supply of labor. The labor organization of the population is the basis of social progress, one of the main conditions for the realization of the interests and basic needs of citizens. Results. The transformation of the country&39’s economy significantly depends on minimizing unemployment, optimal use of labor resources, and the formation of a modern civilized labor market. The article discusses the current trends in employment of the population in the post-Soviet countries during the transition period from a planned economy to a market economy, the objective and subjective causes of structural unemployment, and the impact of regional characteristics of the labor market on the quality of employment. Novelty. The states of the post-Soviet space are gradually transforming and forming an understanding of the labor market as a mechanism for the exploitation of workers and the impossibility of its existence under socialism, since it did not fit into the ideology of building the most just society in the world. Thus, if we talk about the post-Soviet space as something homogeneous, taking into account the common historical path of these states and the common results obtained at the end of «this path», then the following trends have been identified in the labor market of post-Soviet countries: – Decline in the growth rate of the labor force after the collapse of the USSR - Significant labor migration – Low wages and high cost of living. – Underdevelopment of the labor market due to the immaturity of market relations. Practical value. The difficulties that have arisen in the post-Soviet countries during the transition from a planned economy to market relations require an in-depth study of this problem in order to correctly select socio-economic priorities and form an effectively functioning economy. |
| Keywords: | Labor market, Employment, Unemployment, Migration |
| File of the article: | EV20251_189-195.pdf |
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