Abstract: The article is devoted to the analysis of labor migration of the Ukranian youth during the transitional period and description of possible causes of this phenomenon. Based on the analysis, the author concludes that the Ukranian labor migration is the result of socio-economic inequality and insecurity as mechanisms of social exclusion and it is the 'pushing out' factor that forces the Ukranian youth to look for a job abroad. For this purpose, the author analyzes such problems as the level of poverty in the Ukraine during the transitional period, inequal opportunities of young people to get access to the labor market, educatinal element of social inequality, socio-economic inequality as the migration drivers and etc. To define the level of social exclusion of the Ukranian youth, the author of the article used the diagrams featuring the main human rights. The author states that the labor migration should not be viewed as an efficient method of solving the problem of poverty and unemployment because it does not cure the contributing countries from their social and economic diseases that force the national to leave their motherland with the economic migraton flow.