Social and economic effect of youth unemployment on the economy of Ukraine

Abstract

On the one hand, the transition to a market economy and democratization of society, the expanded capabilities of young people in the choice of sectors and economic activities have changed the working mentality. On the other hand, the country has weakened state control over employment and reduced social programs which led to the increased vulnerability of young people in the labor market and consequently worsened the problem of youth unemployment. A major problem is the spread of unemployment among recent graduates.