Abstract
The article clarifies the term "labor potential", considering modern scientific approaches. The peculiarities of the formation of labor potential are reflected in the conditions of the second wave of depopulation. The main directions of employment expansion due to the increase of labor activity of social and demographic population groups are considered. These groups include youth, invalids, and pensioners. The specificity of structural shifts in employment in comparison with developed Western countries is revealed. The role of re-emigration and external and internal labor migration in achieving a balance of demand and supply of labor is noted. Proposals on the main directions of the strategy of development and usage of labor potential are also given.
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