The relevance of the problems researched in the article is due to the determining influence of global recessions on the labor markets of foreign countries and the growing imbalances in this market. In the economic policy and practice of developing countries, in addition to the traditional issues of revitalizing the financial system and commodity markets, it’s crucial the policy of post-crisis recovery of labor markets. At the same time, we note a significant differentiation of approaches to the analysis of employment, unemployment and modeling the response of labor markets to economic downturns. In the framework of our study were proposed the effects of recessions on labor markets were analyzed, and government policy measures aimed at overcoming disruptions in the labor market during global economic recessions, counteracting polarization in the labor market and reducing the risks of increasing informal employment.
labor market, inequality, digitalization, economic policy, global recession
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