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
Date Written: March 28, 2018
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: Suggested Citation