Young people comprise a special social community: on the one hand, it is most open to innovation and to new models of behavior; on the other hand, it is vulnerable from the viewpoint of competition for certain benefits and opportunities. The reason for the latter consists largely in a lack of social experience, whereby young people find themselves at a disadvantage compared to other socio-demographic groups. The paper highlights the problems that young people face when entering the labor market, and the initial problems are those related to the process of employment. Particular attention is paid to the use of young people’s labor potential. A monitoring of the qualitative state of labor potential in the Vologda Oblast is used to consider the factors that prevent young people from implementing their potential in work activities. According to the analysis, the main factors that impede the use of young people’s abilities and qualities on the labor market include lack of professional knowledge, employment outside one’s specialty, inconvenient working hours, mismatch between the work, abilities and inclinations, lack of interest in the chosen profession. These barriers do not allow young people to implement their abilities to the fullest extent. The authors provide calculations that estimate the influence of various reasons on the extent of implementation of young people’s labor potential quality. Thus, this figure reaches 83% among those whose work matches their abilities and interests; otherwise, it is about 75%. If individuals work within their specialty, then the extent of using qualitative characteristics is about 83%, if they work outside their specialty, the figure is 79%, and if they do not have any specialty, the figure is 73%. In this case the differences in the implementation of an intellectual component (the most important aspect in economic neo-industrialization) in the examples under consideration are even more significant. In conclusion the authors put forward several recommendations aimed to promote the use of young people’s potential on the labor market
Keywords
government regulation, labor potential, labor market, inequality, discrimination, young people, barriers to implementation