Regulation of Employment in the Innovation Sphere as a Factor of Increasing the Incomes

The imbalance between supply and demand in the labor market of Ukraine is escalated in modern conditions. The existing disparities in the labor market constrain the possibilities of implementing effective mechanisms for a decent wage, high income and living standards of the country. The state's role in the regulation of employment in such conditions should vary from the policy of fighting unemployment to the policy of economically rational, highly productive employment. The article outlines the priority areas to improve the regulation of employment in the innovation field as one of the important factors of welfare increasing by studying its components such as innovation capacity, income and employment. The possible ways to overcome the current global crisis in all spheres of society is a reorientation of the use of available human potential towards intensive, innovative direction of development. The ways of improving state regulation of employment in terms of legal, organizational, economic and informational blocks have been suggested. The main activities in the legal field include the renovation and modernization of the existing legislative framework for the regulation of employment in the context of their focus on solving problems of innovative development of national economy. Organizational unit provides solutions to issues such as reorientation of the public employment services to encourage economically rational, highly productive employment in innovation-oriented sectors. The main objectives of the economical block are to provide the differentiation of income of the population depending on labor input, innovation work and its resulting impact on the final economic performance. Informational unit provides continuous monitoring of employment in general and in the innovation area.