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Labor market dynamics in Russia in 2021

Ulyana Podverbnykh
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Ulyana Podverbnykh: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: The COVID-19 pandemic crisis had a significant impact on the Russian economy. After multiple shocks caused by 2020 coronavirus pandemic and the worsening economic situation in the country, the Russian labor market showed a stable positive trend in 2021. In 2020, the number of people employed decreased by 1,332,000 or by 1.9% compared to 2019. However, gradual employment growth began in October 2020 and continued through all 12 months of 2021, reaching a pre-crisis value of 7,231,700 by December 2021

Keywords: Russian economy; labor market; unemployment; employment (search for similar items in EconPapers)
JEL-codes: J21 J22 J23 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2022, Revised 2022
New Economics Papers: this item is included in nep-cis
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Downloads: (external link) Revised Version, 2022 (application/pdf)

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Page updated 2022-10-02
Handle: RePEc:gai:ppaper:ppaper-2022-1221