Conceptual Fundamentals of the Labor Market Development in Ukraine in Terms of the COVID-19 Pandemic

Abstract

The article deals with the current trends in the labor market in Ukraine caused by the COVID-19 pandemic. There has been a decline in demand for non-essential goods and products and limited mobility of human resources, which has slowed the pace of the manufacturing sector development. The structural changes of the modern labor market in 20202021 have been analyzed and the most demanded professions, preferences of job seekers and employers are determined. It is established that today, in the labor market there is a decrease in demand and supply of labor, which became the basis for an increase in the unemployment rate, which provoked labor mimicry, which was to be the basis for the emergence of new types professionally adapted to conditions caused by quarantine restrictions. It is determined that a new model of the labor market is being formed, and the demand for retraining of employees will grow. The concept of the state regulation of the labor market is developed and the scientific and methodological principles of its formation are substantiated on the basis of certain social and economic methods, including the methods of modern educational technologies which represent the most rational and efficient means of achieving the set goal – improving the level of human capital development in terms of the global crisis caused by the COVID-19 pandemic.