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Employment of the population as factor of economic development of the territory

Abstract

Employment of the population as factor of economic development of the territory

Masych M.A., Kapluyk E.V.

Incoming article date: 21.11.2014

One of the main priority objectives of economic policy of the government of any country in the long term is stimulation of economic growth. Has labor productivity direct impact on rates of economic growth both in the country in general, and in separate branches of economy. Employment can be referred to one of important factors of growth of labor productivity undoubtedly. In article the problem of employment of the population as one of factors of growth of labor productivity and its influence on the economic growth of the territory is considered. The correlation and regression analysis between indicators of unemployment rate and gross domestic product (GDP) is carried out. As a result of the analysis of coefficient of linear pair correlation we come to a conclusion that, according to Cheddok's scale, qualitatively communication force between factors can be characterized as "moderate", that is in 28,64% change of unemployment leads to change of GDP. If to analyze coefficient of linear pair correlation, we can come to a conclusion that communication between factors the return, that is at decrease in unemployment is observed GDP growth and vice versa. Thus, labor productivity, one of which factors is employment of the population, is the most important indicator of development of economy of the territory.

Keywords: Employment of the population, economic development of the territory, labor productivity, correlation and regression analysis.