Approaches to the manpower planning of the Donetsk People’s Republic

The paper suggests the tools for the manpower planning of the Donetsk People’s Republic, on the basis of interrelation of three dynamic balances. The approach to the determination of coefficients and parameters of the labour force demand function has been improved basing on the output velocity rate with a change in labor costs. The approach suggested makes it possible to predict the economy’s demand for qualified personnel in the professions of the relevant industries and to form a state order for the vocational education system to train specialists on this basis.