Analysis of the Correlation between Minimum Wage Levels in the Country, Indicators of Social Protection and Poverty Threshold

Based on the concept of “labor market” and following its structural elements, we conducted analysis on the correlation that exists between the minimum wage level indicator reflecting the economy and social protection of older persons in the labor market, unemployment benefits, but and in terms of the relative level of the poverty line for the our country. Concussions on the results of this study are based on statistical and mathematical methods and techniques, correlations were performed using SPSS software, which are synthesized by the end of the paper.