Labor Market in 2017: Labor Shortages

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No. 5, pp. 21-23

3 Pages Posted: 2 Apr 2018

See all articles by Victor Lyashok

Victor Lyashok

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting

Date Written: March 28, 2018

Abstract

In 2017, the labor market was recovering after the crisis: the rate of unemployment declined and wages increased. Recovery processes were largely facilitated by workforce reduction which began last year. The first evidence of labor shortages emerged on the labor market which saw full employment for quite a long period of time.

Keywords: Russian economy, labor market

JEL Classification: F66

Suggested Citation

Lyashok, Victor, Labor Market in 2017: Labor Shortages (March 28, 2018). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No. 5, pp. 21-23. Available at SSRN: https://ssrn.com/abstract=3151703 or http://dx.doi.org/10.2139/ssrn.3151703

Victor Lyashok (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting ( email )

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

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