The Causes of Workforce Decline
Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 13, pp. 9-11
3 Pages Posted: 4 Sep 2019
Date Written: August 28, 2019
In 2019, the rate of decline in the workforce soared: in Q1, it shrank by nearly 0.8m on the corresponding quarter of the previous year, while over the entire year 2018, that index had declined by only 0.1m. As a result, the number of individuals involved in economic activities (without taking into account the Republic of Crimea and the city of Sevastopol) returned to its 2005 level.
Keywords: Russian economy, workforce
JEL Classification: J21, J22, J23
Suggested Citation: Suggested Citation