The Methodical Approach to Evaluation of the Efficiency of Labor Market Regulation in Ukraine

Anna Pivtorak

The Methodical Approach to Evaluation of the Efficiency of Labor Market Regulation in Ukraine

Číslo: 12/2019
Periodikum: Path of Science
DOI: 10.22178/pos.53-6

Klíčová slova: labor market; methodical approach; efficiency of regulation; differential assessment; goals of regulation; stages of evaluation

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Anotace: The article describes a methodical approach to assessing the efficiency of labor market regulation in Ukraine, the essence of which is the possibility of conducting a partial and integrated assessment, based on the generally accepted cost / income ratio. Differentiated assessment of regulatory effectiveness also provides for different levels of coverage for regulatory entities. One of the important institutional units for labor market regulation is the State Employment Service. The article presents an example of calculating the efficiency of labor market regulation based on a partial subjective evaluation of the State Employment Service.

Five key objectives of labor market regulation have been identified, which are one of the stages of evaluation: 1) improving demographics, gender and youth support; 2) structural restructuring of the economy, diversification of employment and reduction of unemployment; 3) reducing the level of shadow employment; 4) payment of social guarantees; 5) regulation of labor relations.

The presented methodological approach involves the implementation of 6 stages, in particular the definition of: 1) the goals of labor market regulation; 2) a comparative period to evaluate the effectiveness of regulation; 3) the coverage area of the subjects of regulation; 4) the size of the expenditures for the subjects of regulation; 5) the criterion indicator of assessment, for example - increase in the number of employees, decrease in the number of unemployed, increase in labor productivity, increase in the level of production of gross production, etc .; 6) comparison of revenue and cost parts in the process of evaluating regulatory effectiveness.