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

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  • Korovkin, A.

    (Institute of Economic Forecasting Russian Academy of Sciences, Moscow, Russia
    Faculty of Economics, MV Lomonosov Moscow State University, Moscow, Russia)

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.

Suggested Citation

  • Korovkin, A., 2018. "Current Status and Prospects of Employment Sphere and Labor Market Developments in Russia: Macroeconomic Estimates," Journal of the New Economic Association, New Economic Association, vol. 37(1), pages 168-176.
    • Handle: RePEc:nea:journl:y:2018:i:37:p:168-176
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    References listed on IDEAS

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    1. M. Ivanova & A. Balaev & E. Gurvich., 2017. "Implications of higher retirement age for the labor market," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
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    Cited by:

    1. Ekaterina S. Dashkova & Natalia V. Dorokhova, 2023. "Regional labour market: A method for research," Journal of New Economy, Ural State University of Economics, vol. 24(3), pages 119-135, October.

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    More about this item

    Keywords

    labor market; labor demand; labor force; structural unemployment; labor shortage; labor productivity; high-performance workplace;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy

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