Abstract
The creation of a labor market is one of the most difficult, if not the most difficult, problems in the transition to a market model of economic development. An analysis of the situation in the developed countries shows that the market can significantly enhance the effectiveness of the use of labor resources. At the same time, market relations in the labor sphere inevitably lead to numerous negative social consequences, the most painful of which is unemployment. In the process of building our new economic mechanism, we must turn to the experience of the Western countries, which have more than half a century of experience in regulating the labor market. But we must not copy it. That is impossible not only because of our peculiarities but also because the market structures in Western countries are constantly being updated.
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