Assessment of labor potential on the regional level by the index method

Abstract

Analysis and tendencies in labor potential development are part of a complex socio-economic system. This system as well as its state is of great importance for justification of investments and further vectors of development. At present, however, there is no generally accepted methodology for labor potential assessment. The authors introduce the index method to assess basic characteristics of labor potential taking the Samara region as an example. The research is based on the calculations labor potential indices in the Samara region. The authors detect changes in labor potential structure which are due to the growth of indices of education, labor efficiency and scientific research with some decrease in the index of demographic performance. The obtained results serve as a basis for determining the possibilities of area development and help to see the logic of advanced labor potential formation.