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Problems of employment of rural population in the informal sector of economy

Journal: Collection of Scientific Works of Kirovohrad National Technical University. Economic Sciences (Vol.24, No. 1)

Publication Date:

Authors : ; ;

Page : 152-158

Keywords : informal sector of economy; "shadow" employment of rural population unregulated;

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Abstract

Reformation of agrarian sector of economy, social and labour relations resulted in considerable changes in the structure of employment of rural population. The newly created private agricultural enterprises considerably decrease the number of the hired workers. Significant part rural population tends to act in different non-traditional forms of independent self-employment without official registration. It resulted in appearance of new, unknown before, informal sector of economy in villages. Nearly every second village habitant is occupied in that sector. The informal sector of rural economy extends possibilities for the new types of economic activity, which did not exist before or were monopolized by the state. This sector provides services to economic segments that are avoided by the registered sector because of lower level flexibility and high cost of labour. The article discloses the issues of employment of rural population in the informal sector of economy and the ways of its legalization.

Last modified: 2017-06-20 16:10:24