Personnel Training for Today’s Labour Market

Abstract

The growing social load onto the young and able-bodied section of the population as well as the current international political situation and sanctions resulted in the necessity to develop not only innovative technologies and products but also employees who can work in new economy. In such conditions labour market cannot provide the efficient and integral use of labour represented by young workers. Unemployment even among graduates of the most prestigious universities is a serious social and economic problem facing Russia today due to undeveloped state policy in the field of employment, education standards and the absence of mechanisms providing interaction between employers and graduates. As a result labour market is full of specialists of the general profile, who as a rule have a degree in economics, management or law, while economists and lawyers of the industry type have opportunities for career development within the frames of their qualification, which could be beneficial for economy of the country. In practice workers with degrees of technical universities are in higher demand among employers in comparison with economics universities. The authors rise a question about the necessity and importance of certain education programs in universities, which can give knowledge and competences but are not needed in current market relations. The article shows that the arising misbalance between the demand and young workers’ training can be settled by introducing complex approaches to restructuring systems of training, re-training and implementing education programs through effective innovation mechanisms.