Abstract:
The state of the labor market is one of the socio-economic parameters that have
a significant effect on the development and competitiveness level of the national
economy. Labor market plays an important role in ensuring the success of market
reforms, especially in the emerging economies such as Ukraine. Moreover, current
state of the Ukrainian labor market is also affected by complex political and
economic situation and may be generally characterized by a continuous recession and
financial imbalances. In spite of a sufficiently wide range of studies dedicated to the
analysis of the Ukrainian labor market stability, most papers are more focused just on
the statistical analysis and general overview of the market trends. However, dynamic
nature of both labor market itself and socio-economic stability of Ukraine requires
conducting more comprehensive scientific researches, in particular by applying
System Dynamics approach.
