Adaptation of European employment policy to the Ukrainian economy realities

The article deals with the current state of unemployment in Ukraine. Comparison of the unemployment rates with the European countries is conducted. The employment policy in the European Union (EU) was analyzed. The analysis and generalization of features of labour market in countries of the EU are conducted. The scientific results and tasks for further research were outlined. The actual problems of the current development of the labour market in Ukraine and countries of the EU are revealed. The main purpose of the paper is to explore the theoretical aspects of the formation of employment system and to consider the European experience of employment systems regulation in selected countries. The study revealed that in today's conditions of development of the national economy the labour market occupies an important place. One of the most important tasks of any state is defined to be the regulation of the labour market. At the present stage, the problems of the labour market become the most urgent in countries of the EU. This is due to a change in the structure of the pan-European labour market, as well as to the globalization of the world economy. The study found that overcoming unemployment and increasing employment are the main tasks of the EU. The main drivers, motivations and consequences of undeclared work in the EU are identified. The impact of the European employment strategy was studied. Regulation of EU main programs and initiatives that concern the lowering of unemployment, the main aim of which is improving of the education and employability of people was examined. Based on the analysis of the relevant European experience, challenges have been identified that should be taken into account when developing the state employment policy of Ukraine in the medium and long run periods. The recommendations regarding the borrowing of Ukraine's positive experience of the EU towards the employment policy are provided. Analysis of the labour market in the EU and Ukraine showed that the European integration of Ukraine opens the possibility for sustainable economic development. Borrowing of foreign experience will allow Ukraine to create conditions for more efficient functioning of the system of employment. The practical value of the research presented in the article is in identification of promising directions for increasing the efficiency of employment policy in Ukraine on the basis of the experience of member countries of the EU.