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LABOR EMIGRATION ABROAD AND LABOR MARKET
Abstract
The main objective of this study is to find out the impact of labor force emigration abroad on labor market in the country of origin by means of a dual approach. Solving this problem required an analysis and assessment of specific contexts in labor market trends - employment, unemployment, wage levels, the number of free jobs and labor emigration. Several economic criteria are developed in the study and the effects of labor emigration on labor market are recalculated by means of mathematical calculations. The implementation of calculations is based on available statistical data from Eurostat, WTO, Statistical Office of SR, Ministry of Labor, Social Affairs and Family of Slovak Republic, and on empirical surveys data published in professional publications. The study also uses general scientific methods such as induction, deduction, method of scientific abstraction and comparison, method of analysis and synthesis of selected facts, phenomena and processes. To recalculate the obtained data a range of statistical mathematical methods and translations have been used. The result is to determine the impact of labor force emigration abroad on labor market in the country of origin. The results show the impact of labor emigration on employment and job occupancy, the wage level as well as the public funds being spent on basic care for unemployed person. The assessment of this issue points out to its importance for effective management of migration flows in a country. The results of the study say about a possibility to partly influence the maximization of benefits and minimizing the losses of labor emigration abroad from the point of view of the country of origin.
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