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In 2016, almost all the main labor market indicators, that is, wages and salaries, the level of the rate of unemployment and the share of part-time employment are close to the levels of 2015. The labor market virtually stands still in a state of shaky equilibrium. However, there are serious...
Persistent link: https://www.econbiz.de/10012988032
In early 2018, growth in wages and salaries in Russia was related to a substantial increase in the labor remuneration of employees in education and healthcare. Such an increase was feasible as a result of implementation of the President's May 2012 Decrees which set targets as regards wages and...
Persistent link: https://www.econbiz.de/10012911057
The retirement age raise is bound to create certain risks for the labor market. Nevertheless, statistics point to the existence of an informal agreement between employees and employers that the retirement age should mark the end of an employment history. If such is the case, a raised retirement...
Persistent link: https://www.econbiz.de/10012909056
Growth in the share of the elderly people cannot but lead to a higher burden on the able-bodied population. In the meantime, families' expenditures per child are increasing. In such a situation, it is inevitable either to increase insurance contributions or the retirement age
Persistent link: https://www.econbiz.de/10012891095
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...
Persistent link: https://www.econbiz.de/10012923451
According to the Monitoring of the social status and behavior of the population (survey of June 2022), the proportion of employed and unemployed respondents has not changed compared to March of this year. A large part of the population continues to work in the same mode and with the same wages,...
Persistent link: https://www.econbiz.de/10014358019
The unemployment rate continued declining in the summer of 2022, hitting 3.8% by August, which can be explained by the weak effect of sanctions and the outflow of some unemployed men to voluntary military service during the summer months. Despite the fact that the number of vacancies is...
Persistent link: https://www.econbiz.de/10014358024
The unemployment rate continues to fall, reaching 3.9% by May. This trend generated by international sanctions in the context of the economic crisis, can be explained by two reasons. On the one hand, it is a poor initial effect of sanctions, which will nevertheless intensify in the future. On...
Persistent link: https://www.econbiz.de/10014358025
In 2022, the labor market saw an ambiguous situation. On one side, in 2022 it completely recovered after the coronacrisis: the level of unemployment fell below the pre-crisis values and wages kept growing in real terms. On the other side, as far back as the beginning of 2022, the Russian economy...
Persistent link: https://www.econbiz.de/10014346076
Results of the December wave of monitoring of the social status and behavior of the population (telephone survey) do not demonstrate any deterioration at the Russian labor market. Despite the pandemic challenging situation, respondents note a slight increase in wages and salaries; the share of...
Persistent link: https://www.econbiz.de/10013250021