EDUCATIONAL SPHERE AS THE YOUTH INSTITUTIONAL LIMITATION ON THE LABOUR MARKET

Challenge of the youth labour market means that young people, when it comes to choosing an area of qualification, profession or a job, consider the opportunity of prosperity, adopting an attitude of material consumption rather than making a reasonable choice. As a result, the structure of the labour market is irrational because unemployment among young people continues to rise and deteriorate regardless of the available vacancies. One of the institutional limitations is the educational sphere, which firstly does not make implications for the youth to transfer into the labour market with a necessary level of qualification and operational experience. It holds back the possibilities of young specialists' potential realisation at the first step of labour activity. Secondly, the educational sphere proposes educational products, which are claimed by the society on the educational market during a short-range period without correlation with real needs of labour market and without concordance with long-range perspectives. Nowadays, information and knowledge have specific roles and significance, penetrating all the aspects of the country's socio-economic system. Post-industrialists emphasise that "science and knowledge become a productive strength", that is processes of production and consumption of information obtain characteristic properties of production. In turn, education becomes the base for constant production and consumption of information. That is why the implication of education system into the process of employment assistance as one of young specialists socialisation steps allows realizing one of the aims of education as a system of labour market ensuring with qualified and claimed specialists. It will promote rational decision-making by labour market subjects and also decrease the unemployment level for the youth.