ASYMMETRIC INFORMATION IN THE LABOR MARKET: PROBLEM, SOLUTION PRINCIPLES, REGULATION MEASURES

UDC 331.522
DOI: 10.36871/ek.up.p.r.2025.05.07.014

Authors

Konstantin S. Voloshchuk,
Interregional Center of Forensic Expertise, Moscow, Russia

Abstract

This article analyzes the problem of information asymmetry in the labor market. The author examines the problem from the perspective of the employer and the applicant. The consequences of information asymmetry for players are analyzed and ways to mitigate risks are determined. Methods for reducing the lack of information are identified, and principles of interaction between players are given. In conclusion, measures are given to solve the problem of information asymmetry, primarily through government intervention and market regulation.

Keywords

labor market, information asymmetry, economic theory, macroeconomics, information gap problem, demand, supply, shortage of staff, workforce deficit.