Regional labor market: Assessment of the situation, problems, development trends
Abstract Human resources are one of the most significant factors influencing the level of development of a region and its investment attractiveness. In order to effectively manage the regional economy, it is necessary to have information about the situation on the labor market, existing problems and development trends. The article proposes a system of indicators to assess the current situation in the regional labor market, taking into account the conjuncture. The focus of the study is on determining the relationship between individual indicators and their mutual influence. In addition, the assessment of the labor market of the Kirov region was carried out in comparison with the situation in the relevant market of the country, the markets of the Volga Federal District, the Nizhny Novgorod Region and the Republic of Tatarstan. The method of economic and statistical modeling was used to determine the values of the factors under which the effective indicator will be optimal. The proposed model allows us to quantify the relationship between such indicators as the number of employed, the number of unemployed and the growth rate of the gross regional product. As a result of the assessment of the labor market in the region, a limited supply of labor was noted, while in the future the need for personnel in the region will increase. Assessment of the current situation, identification of trends, determination of the level of interrelation between the most significant factors allow us to develop management tools that have the greatest impact on the situation in the regional labor market.
Keywords: regional labor market, labor market conditions, labor force, unemployment rate, wages, hh.index.
Highlights:
- the indicators for assessing the labor market of the region from the supply and demand side are determined;
- an assessment of the regional labor market is given in comparison with the situation in the markets of the country, the district and neighboring regions;
- the problems in the labor market from the side of labor supply are revealed;
- an economic and statistical model is proposed to quantify the relationship between the indicators of the number of employed, the number of unemployed and the growth rate of the gross regional product.
Elena A. Lysova, Larisa S. Cheglakova - Vyatka State University, Kirov, Russia, Marina L. Nechaeva - Nizhny Novgorod State University of Engineering and Economics, Knyaginino, Russia