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

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: August 28, 2019

Abstract

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

Lyashok, Victor, The Causes of Workforce Decline (August 28, 2019). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 13, pp. 9-11. Available at SSRN: https://ssrn.com/abstract=3444201 or http://dx.doi.org/10.2139/ssrn.3444201

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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