The development of the national economy is largely determined by the functioning of the labor market and the peculiarities of the use of labor resources. The labor market characterizes the relationships that develop in the process of hiring and evaluating the labor force and reflects the Coordination of interests between employers, employees, the state and public organizations. The issues of measuring the impact of the institutional structure on economic processes during the unfolding global financial and economic crisis have become particularly relevant. The scientific and practical experience of developed countries has shown that during this period, effective rules and regulations can stabilize the economy, while providing significant resource savings. In these conditions, the professional, qualification and educational sign of supply and demand in the labor market should correspond to the stable development of the economy. There is an urgent need for a scientific analysis of the functioning of the labor market in Ukraine and the development of mechanisms for effective socially oriented and economically justified state policy, since currently the labor market of Ukraine is characterized by its unbalance. Especially relevant is the study of the problems of formation and development of the country's labor market. In this regard, it is of particular importance to identify the institutional foundations for the formation and development of the labor market.