Accounting Labor Market Equilibrium: Explaining and Predicting Changes in Accounting Labor Demand and Supply

Digitalization of staff involvement stipulates improvement and automation of search and recruitment processes, talent management, etc. Digital instruments for interacting with employment sites are implemented through the vacancies software (JBS). The rapid increase in its use was due to strict restrictions, social distancing and an increase in the number of staff working from home. In the context of the COVID-19 pandemic, JBS becomes the place of direct prompt interaction between the employer (or recruiting agency) and the job seeker. It is necessary to study the processes of digitalization of staff involvement through job portals and determine their impact on the staff recruitment process; analysis of the activities of job portals in the labor market, the scale of distribution of this method of attracting candidates. The article is concerned with studying the digital technologies of attracting staff through job portals. The trends of development of staff involvement using job search websites are analyzed. The types and features of using the software to work with job ads have been generalized. The specifics of the use of the most popular international job portals are highlighted. The main possibilities of using Ukrainian job portals to attract staff are evaluated and the dynamics and structure of the labor demand and supply on the most popular ones are analyzed. Recommendations for employers on the effective use of job portals to attract staff that can be implemented in the practice of staff management have been developed. Increasing the efficiency of the use of job portals in attracting staff is possible through its digitalization. Opportunities for attracting different categories of staff and prompt closure of company vacancies depend on the labor market segment, which is covered by individual job portals.

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REGIONAL SKILL DIFFERENTIALS: A STUDY OF THE INDONESIAN LABOR MARKET

The Singapore Economic Review ◽

10.1142/s0217590819500371 ◽

2019 ◽

pp. 1-26

Author(s):

TRI MULYANINGSIH ◽

RIYANA MIRANTI ◽

ANNE DALY ◽

CHRIS MANNING

Keyword(s):

Labor Market ◽

Regional Development ◽

Structural Changes ◽

Manufacturing Sector ◽

Labor Demand ◽

Skill Premium ◽

Skilled Workers ◽

Demand And Supply ◽

Modern Services

This study investigates the patterns and trends in the returns to skill in the Indonesian labor market over the period 2007 to 2013, a period of rising earnings and income inequality. The study takes into account the labor demand and supply across regional development regions and over time. It presents evidence on the returns to skill related to structural changes in the economy through the growth of modern services and the resource boom. It confirms that skill premiums varied across regional development areas. The composition of industries across regions, female labor participation, the proportion of casual workers, the supply of tertiary-educated workers and factors unique to each region are all determinants of the regional skill premiums. The results support the policy focus on developing human capital in Indonesia to meet the rising demand for skilled workers and show the role of the manufacturing sector and minimum wages policy in reducing the skill premium.

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Labor Markets

10.5772/intechopen.101687 ◽

2021 ◽

Author(s):

Meng Sun

Keyword(s):

Labor Market ◽

Labor Supply ◽

Labor Markets ◽

Minimum Wage ◽

Demand Curve ◽

Supply And Demand ◽

Market Equilibrium ◽

Labor Demand ◽

Goods And Services ◽

Competitive Labor Market

What is the labor market? Like the goods and services markets, a labor market consists of the supply and demand sides. In the labor market, while workers supply labor, firms demand labor. This chapter studies the backward-bending nature of the labor supply curve and the downward-sloping nature of the labor demand curve. We also analyze the labor market equilibrium in a perfectly competitive labor market. Several policies such as immigration and minimum wage will be introduced to illustrate how government policies affect the labor market equilibrium.

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Implications of higher retirement age for the labor market

Voprosy Ekonomiki ◽

10.32609/0042-8736-2017-3-22-39 ◽

2017 ◽

pp. 22-39 ◽

Cited By ~ 8

Author(s):

M. Ivanova ◽

A. Balaev ◽

E. Gurvich

Keyword(s):

Economic Growth ◽

Labor Market ◽

Labor Supply ◽

Labor Force ◽

Labor Demand ◽

Retirement Age ◽

Demographic Trends ◽

Men And Women ◽

Demographic Projections ◽

The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

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Local Labor Markets and Child Learning Outcomes in India

The B E Journal of Economic Analysis & Policy ◽

10.1515/bejeap-2020-0281 ◽

2020 ◽

Vol 0 (0) ◽

Author(s):

Magda Tsaneva ◽

Uttara Balakrishnan

Keyword(s):

Labor Market ◽

Test Scores ◽

School Quality ◽

Labor Demand ◽

District Level ◽

Education Spending ◽

Education Outcomes ◽

Market Opportunities ◽

Primary School Age ◽

The Relationship

Abstract This paper uses data from rural India to study the relationship between local labor market opportunities and child education outcomes. We construct a Bartik index as a measure of exogenous changes in district-level labor demand and find that an increase in predicted overall employment growth is associated with higher years of education and better test scores for both boys and girls of primary school age. The effects on test scores of older boys are smaller and less statistically significant. Older girls, however, do benefit from better labor market opportunities. We do not find evidence for changes in school quality or district-level investment. Instead, we find support for increases in household education spending, possibly because of overall higher wages, or re-allocation of resources.

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Not Enough Time?

The American Economist ◽

10.1177/056943451405900202 ◽

2014 ◽

Vol 59 (2) ◽

pp. 119-127 ◽

Cited By ~ 3

Author(s):

Daniel S. Hamermesh

Keyword(s):

Labor Market ◽

Market Equilibrium ◽

Family Members ◽

Market Work ◽

Work Time ◽

Rich Countries ◽

The U.S ◽

American Labor

This study summarizes evidence on various unique aspects of work time in the American labor market. Compared to workers in other rich countries, Americans: Work longer hours per week; take fewer paid vacations; are more likely to work on weekends or at nights; enjoy fewer daily hours of leisure; are more likely to feel pressured for time. Except for night/weekend work, these phenomena are concentrated among higher earners. Their workaholism spills over onto other workers and non-worker family members. The study indicates policy remedies for what appears to be an inferior labor-market equilibrium of excessive market work in the U.S.

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Labor Market Reforms and Their Impact on Formal Labor Demand and Job Market Turnover: The Case of Peru

SSRN Electronic Journal ◽

10.2139/ssrn.1814667 ◽

2000 ◽

Author(s):

Jaime Saavedra-Chanduví ◽

Máximo Torero

Keyword(s):

Labor Market ◽

Labor Demand ◽

Market Reforms ◽

Job Market ◽

Labor Market Reforms

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Labor Turnover and Employment Impacts in Regional Labor Markets

Environment and Planning A Economy and Space ◽

10.1068/a200041 ◽

1988 ◽

Vol 20 (1) ◽

pp. 41-53 ◽

Cited By ~ 1

Author(s):

S F Seninger

Keyword(s):

Labor Market ◽

Markov Chain Model ◽

Labor Demand ◽

Labor Turnover ◽

Chain Model ◽

Regional Labor Market ◽

Empirical Estimates ◽

Regional Labor ◽

Job Vacancy ◽

Employment Impacts

Employment impacts, from a proposed solvent-refined coal plant, are examined by use of an adjustment model which departs from the more conventional export-base and input—output approaches. Adjustments in the regional labor-market are outlined through the use of a Markov-chain model of job vacancy transfers. Adjustments, in response to labor-demand shocks generated by the projects, are specified for disequilibrium gaps in the open labor market, with in-migration of workers absorbing job vacancies. Empirical estimates of key parameters are derived from previous studies of impacts in order to make a preliminary simulation of the system. Implications for an area in West Virginia designated as a regional labor-market are discussed.

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