EN
This paper presents the methodology of extraction surplus and shortage occupations in local labor markets. In the first part, the article explains the selected limitations of adjustment process of labor supply to market demand, and was given the consequences of these imperfections. In the following section paper provides an approach to human capital measurement and wages, defined as the derivative (rate of return) on the value of human capital. The most important part of the work is a description of the methodology to extract surplus and shortage occupations. The method is based on the analysis of rates of return on human capital. This approach is known in traditional markets analysis (including product markets). Offer with high market demand, typically generates higher return than those with low market demand. Last part of article provides a case study representing a practical example of the application of the methodology discussed.