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SOCIAL ANALYSIS OF THE MECHANISMS OF ADAPTATION OF THE LABOR MARKET OF THE REPUBLIC OF BELARUS TO STRUCTURAL CHANGES IN ECONOMY

Abstract

In this article the mechanisms of the labor market adjustment to structural changes in economy are analyzed. It is revealed that the mechanisms for quantitative adjustment are connected with the preservation of unnecessary labor, weaken competition for workplaces; the mechanisms for qualitative adjustment don’t provide the reaction of the educational services market to structural changes in economy; the mechanisms for wages don’t stimulate the labor transition into new spheres in economy; the mechanisms for institutional adjustment don’t promote the coordination of the named mechanisms action. For successful adaptation of the labor market to structural changes in economy the following is necessary: reduction of inefficient workplaces, socially responsible restructuring (including over retraining and modern methods of personnel work), coordination of the educational services market and the labor market, realization by wages of the function stimulating workers to productive and qualitative work, increase of labor market institutional flexibility.

About the Author

G. N. SOKOLOVA
Institute of Economics of the National Academy of Sciences of Belarus
Belarus


References

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ISSN 1561-8323 (Print)
ISSN 2524-2431 (Online)