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ANALYSIS OF TRANSFORMATION PROCESSES IN THE RUSSIAN LABOR MARKET: CHALLENGES AND IMPLICATIONS

Abstract

The authors used statistical methods to analyze trends in the Russian labor market over the past 10 years. In the introductory part of the article it is noted that changes and shifts in the structure of employment and changes in the average nominal wage were developed amid quasi-equilibrium labour market. Furthermore, the article establishes the most general trends in the labour market, describes time-series of average wage of employees by economic activities, supply and demand in the labour market and shows how they influence current economic situation in the country. The authors argue that imbalance in supply and demand for the labour force manifests in two key aspects. Firstly, there is a significant share of unemployed economically active citizens in the Russian economy, at the same time there is an acute shortage of specialists and workers. Secondly, according to the authors, supply and demand for labor within individual industries are also imbalanced. It is concluded that existing trends actively hamper the expansion of new science-intensive technologies, and the labor market needs additional regulation that can eliminate the influence of existing systemic contradictions and ensure an effective employment structure.

About the Authors

O. E. Bashina
Moscow University for the Humanities
Russian Federation
(Moscow)


L. V. Matraeva
Russian State Social University
Russian Federation
(Moscow)


E. S. Vasyutina
Russian State Social University
Russian Federation
(Moscow)


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Review

For citations:


Bashina O.E., Matraeva L.V., Vasyutina E.S. ANALYSIS OF TRANSFORMATION PROCESSES IN THE RUSSIAN LABOR MARKET: CHALLENGES AND IMPLICATIONS. Voprosy statistiki. 2017;1(11):35-43. (In Russ.)

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ISSN 2313-6383 (Print)
ISSN 2658-5499 (Online)