What is Balance in a Labour Market

This chapter deals with the OECD migration policy and its strong points that were revealed in the last 20 years. The author also explains how the OECD migration policy responds to technological, economic, and social challenges. In effective adaptation of foreign migrants, the principal role is mainly assigned to monitoring of the OECD member states. The outstanding practices of the latter turned out to be highly important for shaping the migration policies of other countries' migration. This chapter also shows the examples of the labor migrants' adaptation in the OECD labor market, particularly, a bottleneck vacancies analysis of the Nordic countries, Baltic States, and Central Eastern Europe. Institutions, traditions and employability are extremely important parameters for migrants' adaptation for labor markets.