Abstract

The present study was conducted to identify the reasons in modern information society that caused significant changes in the labor market particularly in its industrial structure through the perspective of individuals employed in real and service sectors. The analysis of the employed population`s statistical sample by economic activity type in enlarged groups of industrial and non-industrial spheres of activity over the past 20 years has shown that scientific and technological transformations have led to a significant shift in the employment structure. The research used statistical data comparison of economic activity types and the ratio of the regions employed in real and service sectors. New types of economic activity are emerging and start prevailing inherent exclusively in the current state of economy in the context of digitalization. A significant structural shift has been revealed in the course of the analysis of the employed population by the enlarged industry affiliation, which demonstrates diametrically opposite positions in the overall structure of employment. The resulting ratio allows us to propose and apply the coefficient of the employment structure, demonstrating a multiplier effect on identifying such jobs creation and preservation of which leads to further employment provisioning. The obtained tool allows managing population employment as well as related social and economic processes as migration outflow and population growth in all age groups, population reproduction, expansion and improvement of educational and health services in a particular territory. In addition, application of the developed employment structure tool allows estimating the amount of investment required to solve these issues.

Highlights

  • IntroductionLabor market issues cannot leave on an arm's length neither federal nor regional or municipal authorities and citizen, since the changes at this "testing ground" are so tangible that they affect all components of the market from the amount of individual citizenswages to macroeconomic employment indicators across both region and country [1]

  • Labor market issues cannot leave on an arm's length neither federal nor regional or municipal authorities and citizen, since the changes at this "testing ground" are so tangible that they affect all components of the market from the amount of individual citizenswages to macroeconomic employment indicators across both region and country [1].It has become very interesting recently to study the labor market situation through economic transformation perspective as it was not yet the case several decades ago

  • The study was aimed at getting answers to the following questions: 1. What structural changes in labor market have occurred from the transformation of the economy over the past decades?

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Summary

Introduction

Labor market issues cannot leave on an arm's length neither federal nor regional or municipal authorities and citizen, since the changes at this "testing ground" are so tangible that they affect all components of the market from the amount of individual citizenswages to macroeconomic employment indicators across both region and country [1]. It has become very interesting recently to study the labor market situation through economic transformation perspective as it was not yet the case several decades ago. The study of the labor market through the population employment perspective is always relevant since it is one of its main components in the workforce. In the course of transition from total and universal employment typical for the Soviet economy to currently used employment assessment with unemployment as its constant component. Nowadays in the context of significant changes in society with information priorities and dominants through the digitalization of the economy perspective, the scientific community cannot ignore employment and unemployment phenomena that. Influence the very basic characteristics positioning in labor market [3], [4]

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