UNEMPLOYMENT AS A KEY INDICATOR OF THE LABOR MARKET

This article examines unemployment as a key indicator of the state of the labor market. The methodology for calculating the unemployment rate, its strengths and weaknesses, as well as the influence of various factors (economic cycle, technological changes, demographic processes) on the dynamics of unemployment are analyzed. Particular attention is paid to the socio-economic consequences of unemployment and the role of public policy in regulating the labor market. The article is an overview of theoretical approaches and practical aspects of the problem of unemployment and its impact on public welfare