Living standard of the employed population as an indicator of labor market functioning efficiency

Abstract

It is well founded that index of the labor market functioning efficiency is a standard of life of the employed population. On the base of sociological monitoring data researchers of the National Academy of Sciences of Belarus, Institute of Sociology, have analyzed regional specifics of living standards of the people. They analyzed such indicators as pecuniary state of Belarusian families, structure of expenses, and availability of material benefits and services for urban and rural inhabitants.