Russian Unemployment: Its Magnitude, Characteristics, and Regional Dimensions

48 Pages Posted: 20 Apr 2016

See all articles by Ruslan Yemtsov

Ruslan Yemtsov

World Bank - Social Proteciton and Jobs Global Practice

Simon John Commander

London Business School; IZA Institute of Labor Economics

Date Written: February 1995

Abstract

The contraction in net employment has been smaller in Russia than in Eastern Europe, but Russian unemployment has been increasing and will probably increase further.

Registered unemployment in Russia is now 2 percent; surveys indicate a true rate of between 5 and 6 percent. Until now, flows in and out of unemployment have been quite large, with durations low.

This may be changing as the ease with which workers are matched to jobs declines - in part because of financing constraints on firms. Already there is great regional variation in unemployment - which, as this model indicates, is likely to persist because of the mismatch in distribution of jobs and the unemployed.

This paper is a joint product of the National Economic Management Division and the EDI Moscow Office, Economic Development Institute. The study was funded by the Bank's Research Support Budget under the research project Labor Markets in Transitional Socialist Economies (RPO 677-30).

Suggested Citation

Yemtsov, Ruslan and Commander, Simon John, Russian Unemployment: Its Magnitude, Characteristics, and Regional Dimensions (February 1995). World Bank Policy Research Working Paper No. 1426. Available at SSRN: https://ssrn.com/abstract=623898

Ruslan Yemtsov (Contact Author)

World Bank - Social Proteciton and Jobs Global Practice ( email )

1818 H Street
Washington, DC 20433
United States
202-458-7276 (Phone)
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Simon John Commander

London Business School ( email )

Sussex Place
Regent's Park
London, London NW1 4SA
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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