Peculiarities of Formation and Development of the Global Labor Market
Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0
Abstract
The article is aimed at comprehensive studying of the processes in the formation of global labor market. Theoretical aspects of formation of the global labor market have been considered, theories of development of the labor market in the context of labor force migration and in terms of various economic schools have been explored, segments of the modern labor market and the factors influencing it have been provided. The article also analyses the current status of the labor market of the world, namely, by researching the major trends in both employment and unemployment in the recent years. It has been determined that there are a number of problems which negatively affect the functioning of the global labor market, including the rising unemployment and the reducing employment. Trends to increase employment in the service sector as well as «brain drain» have been researched. It has been found that for a better functioning of the labor market, creation of new jobs together with stimulating activities of the economically active population is necessary, thus the economic development of the world countries will be forwarded.
Authors and Affiliations
Kateryna Petrenko, Viktoria Pigul
Keywords
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