Basic elements of labor market. Demand and supply

UDC 331.5

Authors

Gamzaev S.,
Master’s student of the Department «Economics of High-Tech Production», FGAOU HE «Saint-Petersburg State University of Aerospace Instrumentation», Saint-Petersburg, Russia
Kuzikova A. D.,
Undergraduate student of the Department «Economics of High-Tech Production», FGAOU HE «Saint-Petersburg State University of Aerospace Instrumentation», Saint-Petersburg, Russia

Abstract

The article discusses theoretical problems of labor market, classification of its elements, the head mechanism of demand and supply of labor, and concepts of main economic schools about the conjuncture of labor market. Also, the dynamics of Russian unemployment during 2018–2021 is analyzed.

Keywords

market, labor, subjects, demand, supply, employment, unemployment.