most important and most frequently used form of market income of any economy - wages, its movement necessarily reflect many of the economic processes taking place in the state.
labor market and wages are linked.Salary means the price of labor or the income that the employee receives for work at a time.Wages can be of several types.Firstly, there is a nominal wages - this is the salary that the employee receives for his labor.Secondly, there is such a thing as real wages, which is inversely proportional to the price level, that is, the set of goods and services that a worker can be purchased at their nominal wages.It happens that nominal wage increases and real, on the contrary, falls due to the rapid rise in prices.
labor market and wages are often seen together because the wage level is determined by the market.The labor market is determined by the cost of labor, conditions of employment of workers, working conditions, job security and access to additional education and more.Moreover, the labor market clearly reflects the extent of unemployment and labor mobility.
As in any other market, the labor market there is demand and there is a proposal.Demand is based on the needs of employers to close the vacant positions in the organization, and the proposal, respectively, is determined by the unemployed labor force, or change jobs.The offer on the labor market depends on the population, especially of working age, training of employees, the duration of the annual working time, etc.On the demand influenced scientific and technological progress, the state of the economic conjuncture, etc.
Supply and demand are in competition, for example, in a good position there are always several candidates, who may be asked to undergo testing in employment.It happens the other way around, when a valuable and skilled workers are in demand in several enterprises, and they offer greater wages or better working conditions, to "lure" him to her.So the relationship is manifested the labor market and wages.
There is such a thing as the value of the marginal product of labor.The number of recruits is determined by the wages of employees and the cost of this.Attracting new units of labor ceases as soon as the wages will be equal to the value of the marginal product.This is another feature of the chain "the labor market and wages."
Russian labor market due to their specificity has many classifications.Consider some of them.If we consider the time component in relation to the labor market, the current can be identified, promising potential and predictable markets.
In addition, in the context of a market economy can talk about regulated and unregulated market.If the market is not regulated, the workers are not protected by social practically, no job security and safety, while the regulated market present an extensive regulatory framework and the state plays a key social role.
There are also a market of physical labor, mental labor, creative labor, peasant labor market, etc.According to the balance between supply and demand in the market may be in equilibrium, and excessive deficit.
There are also internal and external labor market.External market is determined by the mobility of labor between the state, enterprises and organizations, the domestic market also involves the movement of personnel within the organization, the internal rotation of personnel.Last it is based on the principle of "the values and skills development", when the company formed the "core" of high-quality, constantly working professionals and "periphery".
This classification logically follows the division of the market into primary and secondary.On the primary market offers a high-paying job and good working conditions in the secondary - a small wages, insecurity and poor working conditions.
