RUDN Journal of Engineering Research (Dec 2011)
Post-Socialist Countries Labor Market
Abstract
Labor market reflects the economic situation in every country and especially its bottle-necks. Before 90th of the previous century the existing socialist countries didn't face social problems such as unemployment, enterprise bankruptcy, etc., which were part and parcel of the opposite social system. Having made their choice towards market economy these former socials countries found themselves in the same social and economic situation the way out of which also might be similar. In order to adjust labor market s they should start with modeling and forecasting of the unemployment level.