POSITION AND TRENDS OF LABOR MARKET DEVELOPMENT IN KHERSON REGION

Abstract

The labor market is an important indicator of economic development of the country as a whole and its regions. In recent years, the Ukrainian labor market has seen an imbalance between supply and demand, which was the result of external factors: the socio-economic situation in the country, the international situation, state policy of labor market regulation, and since 2019 the COVID-19 pandemic has had its full impact.  Given the trends of changes in the internal and external environment of the market, the analysis of trends in its development is a necessary tool for making operational management decisions at both state and local levels. The labor market of Kherson region is a component of the national labor market of Ukraine. Taking into account the views of researchers, the essence of the regional labor market can be defined as a system of relations between employers, employees and state and social partners to create conditions, distribution, exchange and use of labor in a particular region. The main function of the regional labor market is to provide all employers with the necessary labor force. In order to analyze the situation on the labor market, it is necessary to study its socio-economic indicators on the basis of existing statistics. The article presents an analysis of the state and trends of the labor market of Kherson region on the basis of fundamental statistical data for 2020. During the analysis of the situation on the labor market, data on the volume of labor force, the number of employed and unemployed in the dynamics are highlighted. The sectoral structure of employees, the level of wages and labor demand are analyzed.

The analysis of the labor market of Kherson region revealed a number of problems, including the growth of the number of unemployed, the growth of the share of the unemployed in the region's labor force, reduction of labor force, low levels of average nominal wages, overall reduction of vacancies. The labor market in the region needs to be regulated taking into account existing trends, which should be aimed at increasing jobs, raising wages and overall economic development of the region.