Labor Market, Job Market, Profession Market, Employment Market - Correlation of Concepts and their Legal Meaning

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Abstract

The article analyzes and correlates concepts that are similar in nature - the labor market, the job market, the employment market and the employment market. The views of various schools of economists (including modern ones), as well as philosophers and lawyers on their definitions are analyzed. Their similarities and differences are identified, as well as key functions and main directions of development. The author comes to the conclusion that the labor market is the most important element in the system of markets, ensuring the targeted nature of the provision of reproduction processes. It closely interacts with other markets, primarily with the market of financial, credit and material resources, investments, consumer goods, information and knowledge.

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About the authors

Anastasia V. Buyanova

Financial University under the Government of the Russian Federation

Email: avbuyanova@mail.ru
Cand. Sci. (Law), Associate Professor of the Department of Psychology and Human Capital Development Moscow, Russian Federation

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