4.
The economic mechanism of state employment administration is a system of
methods of direct and indirect influence and their focus on social and economic
development, in compliance with the requirements of economic laws in certain
exchange relationships and with the usage of other economic instruments, in order to
create conditions, which ensure the achievement of high economic results [12, pp. 72-
73].
In particular, the investments and subsidies, aggregate demand, wages,
unemployment benefits, taxes and tax benefits, monetary instruments (NBU discount
rate, preferential loans) and economic sanctions (fines) can be referred to the effective
instruments of the economic mechanism.
So, it should be noted that the complexity of the current economic situation is
explained by the ineffective governance system that was formed at the beginning of
the post-Soviet period. Taking it into account, the main positions of state employment
policy are the relations between the employment policy and the economic policy of the
state. The effectiveness of this connection depends directly on how consolidated the
efforts of all branches of government, employers' and trade unions, central and local
executive authorities and social partners, who should oversee the implementation of
state employment policy. In order for state employment policy be effective, it is
necessary for the state to ensure the practical implementation of the mechanisms of
public administration, to which it is necessary to include: the legal, administrative,
organizational and economic mechanisms of state employment administration Only in
the complex they will be able to guarantee an effective state employment policy and
will provide a real opportunity to secure, implement and protect the right for decent
work.
Administration of labor market. The Ukrainian labor market was created under
the influence of the inherited centralized system of labor and employment organization,
the transformational crisis, as well as the recent socio-economic transformations. The
state of the labor market is determined, first of all, by actions in the field of
macroeconomic regulation, as well as by the effectiveness of actions in various spheres
of social policy, in particular in the fields of general and professional education,
pension support, income level, etc. The formation of new components of the Ukrainian
labor market still lags behind the overall pace of economic transformation, acting as an
additional factor that negatively affects the dynamics of employment and
unemployment [13].
In our opinion, one of the components of the search of ways to reform the national
system of employment regulation for improving the efficiency of state administration
of this process is to study the mechanisms, principles, legal principles and forms of
regulation of the labor market in foreign countries.
- 1080 -