The modern trends of the international labor force migration and the main migration corridors are analyzed in the paper. According to the United Nations Department of Economic and Social Affairs, in 2017, the global stock of international migrants (including refugees) was an estimated 258 million. Inequality between supply and demand on the labor market is a main problem of modern international migration processes. It is possible to make a conclusion about the global increase of amounts of labor migration all over the world, in all the countries and regions. The main trends of remittance flows are also studied. The amount of remittances in 2018 was $689 billions. And $518 billions were sent to the developing countries. In relative terms, remittances in nine countries accounted for over a fifth of the gross domestic product (GDP) in 2018; in the case of Tonga, remittances represented 36 % of the country’s GDP. As a conclusion, it should be said that the amount of remittances is an important macro economical figure. Its inflow can ensure the increase of foreign currency’s supply in the country.

The work includes an analysis of the main modern challenges in the sphere of the labour force migration in Ukraine. The development of governmental regulations of labour force migration will give Ukraine a chance to improve the quality of workforce coming from abroad and to avoid the quitting of scientists by making them able to be employed in Ukraine. Also, changes in migration policy will help to decrease the unemployment rate in the country. The influence of labor force migration on the country’s economic development is also measured. The necessity of changes in governmental regulation of labor force migration in Ukraine is described in the paper. The government should make several steps to stimulate the usage of local labor force instead of cheap and unqualified foreigners by national enterprises. The first step is to provide the “quality rate” of a foreigner to be employed. The second step is the governmental support of enterprises that will act according to the mentioned rules and carefully regard the professionalism of employees. Such enterprises should receive subsidies.

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