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Cyclical economic development and influence in the labor market

Journal: Vestnik of Institute of Economic Research (Vol.9, No. 1)

Publication Date:

Authors : ;

Page : 57-66

Keywords : economic cycle; labour market; economic growth; GDP; unemployment; employment; wages;

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The analytical studies of the cyclic development of the national economy have been carried out in the article; a correlation analysis between the main macroeconomic indicator and the labour market indicators, as well as a regression analysis between the real GDP and real wages have been conducted; the directions of influence of economic cycles on demand, supply and wages as the main components of the labor market are justified.

Last modified: 2018-06-14 05:26:29