LABOUR MARKET SEGMENTATION IN THE CONTEXT OF MODERN THEORIES

The article discusses labour market segmentation in the context of modern theories. The research aims at distinguishing main labour market segmentation theories formed in the second half of the 20th century and at presenting thorough regulations, adapted to labour market segments. Having put scientific literature on the subject into a system, the following theories have been analysed: Labour Market Segmentation Theory, Dual Labour Market Theory, Internal and External Labour Market Theories, Human Capital Theory, Labour Competition Theory, Labour Search Theory, Labour Market Theory, Labour Economics Theory, Alternative Roles Theory, Discrimination Theory, Professional Segregation Theory; they all tend to explain the formation of different segments and their functioning in the best possible way. The reseachers' works had a great impact on labour market segmentation analysis directions emphasizing the formation of different segments in labour market, theoretical background for the factors conditioning their functioning and checking their empirical assumptions. Basic theories, explaining labour market segmentation expand as well as compliment the idea of labour market segmentation, i.e. labour market split into different segments. The application of these theories allows to decribe and also to go deeper insights into labour market segmentation formation theories and offers an opportunity to explain the reasons for participation of different segments in it.