Current Status and Prospects of Employment Sphere and Labor Market Developments in Russia: Macroeconomic Estimates

A. Korovkin
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A. Korovkin: Institute of Economic Forecasting Russian Academy of Sciences, Moscow, Russia

Journal of the New Economic Association, 2018, vol. 37, issue 1, 168-176

Abstract: The quantitative and qualitative mismatch of labor demand and its supply on the Russian labor market is discussed. It is proved that these are the key determinants of the current state of employment sphere and labor market in Russia. Factors aggravating the problem of skills shortages in the domestic economy are identified. The reasons of low efficiency of labor potential use are analyzed and the ways of its possible increase are determined. The conclusions about the prospects of employment sphere and labor market development are made. The possible state of the sphere of employment and labor market under various socio-economic conditions is estimated. The proposals in the field of socioeconomic policy, employment policy, their statistical support are considered. Attention is drawn to the creation and statistical accounting of high-performance jobs, and measures are proposed to improve it. The disadvantages of the existing approach to the definition of the category "workplace" in modern statistics are shown.

Keywords: labor market; labor demand; labor force; structural unemployment; labor shortage; labor productivity; high-performance workplace (search for similar items in EconPapers)
JEL-codes: J21 J38 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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