MODERN LABOR MARKET FORMATION: PROBLEMS AND TASKS IN PERSPECTIVE
Keywords:
Modern labor market, problems and tasks in perspective, labor marketAbstract
In order to address these problems, there are several tasks that need to be accomplished. Firstly, there needs to be a focus on improving access to education and training programs. This will help individuals acquire the necessary skills to succeed in the modern labor market. Efforts should also be made to promote lifelong learning, as the skills required in the labor market are constantly evolving.Secondly, there should be a greater emphasis on reducing income inequality. This can be done through progressive taxation, increased minimum wages, and expanded social safety nets.
References
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Levy, Victor, and John L. Newman, “Wage Rigidity: Micro Evidence on Labor Market Adjustment in the Modern Sector” World Bank Economic Review Vol. 1 (January 1989) pp. 97–117.
Hirata, Helena, and John Humphrey, “Workers’ Response to Job Loss: Female and Male Industrial Workers in Brazil” World Development Vol. 19 (June 1991) pp. 671–82.
Internet materials