THE ROLE OF STATE BODIES IN REGULATING THE LABOR MARKET AND ENSURING EMPLOYMENT IN UKRAINE

Abstract

The proposed article considers the key role of state structures in the formation and maintenance of the effective functioning of the labor market in the conditions of modern challenges. The author emphasizes the importance of state bodies in developing strategies and policies aimed at reducing unemployment, supporting employment and creating favorable conditions for economic development. The author notes that modern challenges, such as globalization, technological progress and economic crises, require the state to play an active role in regulating the labor market. The article analyzes the effectiveness of the legislative framework of Ukraine, in particular the Code of Labor Laws and the Law of Ukraine «On Employment of the Population», which provide a legal basis for regulating labor relations and protecting the rights of employees. The article also examines various aspects of government support, including vocational training and retraining programs that help workers adapt to new labor market conditions. Special attention is paid to supporting vulnerable population categories, such as youth, persons with disabilities and women, through specialized programs that promote their integration in the labor market. The author analyzes in detail the role of the Ministry of Economy of Ukraine and the State Employment Center in the implementation of state policy in the field of employment. The importance of strategic planning, labor market monitoring and operational adaptation to changes in the economy is emphasized. The importance of cooperation between state bodies, the private sector and civil society in ensuring the stability and development of the labor market is also noted. The article emphasizes the need to support small and medium-sized businesses as a key source of creating new jobs. In general, the article emphasizes that effective regulation of the labor market in Ukraine requires a comprehensive approach, which includes legislative regulation, state employment support programs and active cooperation with the private sector. The author emphasizes that this approach is the key to ensuring the stable functioning of the labor market and the social well-being of citizens.