Belarusian labor market under conditions of structural changes in economy: effectiveness of mechanisms for adjustment

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

For citation: Sokolova G.N. Belarusian labor market under conditions of structural changes in economy: effectiveness of mechanisms for adjustment. St. Petersburg Sociology Today. 2017. N. 8. P. 18-35.

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