The essence and structure of the labor market
In a developed economy, the organizational structure of the labor market is divided into some elements. These include the system of personnel training, the direction of state employment policy, the fund for assistance to the unemployed, the contract and employment system. In addition, the structure of the labor market has in the labor exchange retraining system and the legal regulation of employment. In this area, as in any transactions involving the sale, there are buyers and sellers. The former are entrepreneurs or labor collectives with the ability and ability to choose the number of mercenaries they require. Sellers in this situation are employees who offer their ability to work.
Labor Market Formation
Features of the formation of the labor market are based on the action of the law of supply and demand for labor. It has a significant impact on wages and shows the disparity in the labor market of incoming mercenaries to the number of vacancies.Here there is a rather careful and tough selection of the most suitable for all parameters of workers. The characteristics of the modern labor market provide for the stimulation of highly qualified personnel and contribute to the emergence of links between the results obtained and the efforts made to this end. The experience of many states shows that the labor market cannot do without democratic institutions and a competitive economy based on private property. Its existence is excluded by a totalitarian society, since such a system considers a person as a legally and materially dependent subject from the state. After all, it is not important for him to effectively use the existing potential, but on the contrary - the presence of a person in full possession and subordination to meet his own needs is significant. The structure of the labor market may be free, but in such conditions it acts as a hindrance. The distribution of labor has a similar name, while serving the economy, which is owned by the state.
Social production is part of the national labor market. It provides all existing industries with the required mercenaries, who possess both appropriate professional and qualification qualities, as well as labor and ethical values. The structure of the labor market can be formed under the influence of deep processes that regularly occur in society. The development of the economy, human and social relations - three evolutionary flow, which are interconnected. Due to their presence in society, progress is formed with its main components.
The purpose of the labor market
The main purpose of the existence of the labor market is to obtain full and continuous employment on favorable terms for both parties, as well as to achieve a satisfactory standard of living for economically active people to meet professional and living needs.