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Correlation analysis of institutional factors of unemployment trends in Russia

Vol. 18, Iss. 5, MAY 2022

PDF  Article PDF Version

Received: 3 March 2022

Received in revised form: 27 March 2022

Accepted: 10 April 2022

Available online: 16 May 2022

Subject Heading: ECONOMIC POLICY OF THE STATE

JEL Classification: В22, С82, Е24, J64

Pages: 808–831

https://doi.org/10.24891/ni.18.5.808

Irina A. BONDARENKO Academy of Marketing and Social Information Technologies – IMSIT, Krasnodar, Krasnodar Krai, Russian Federation
bonir55@mail.ru

https://orcid.org/0000-0001-8188-4917

Оl'ga A. ASLANOVA Armavir State Pedagogical University (ASPU), Armavir, Krasnodar Krai, Russian Federation
aslanova.ol@yandex.ru

https://orcid.org/0000-0001-9766-7909

Subject. The article addresses unemployment, supply and demand in the labor market of the Russian Federation.
Objectives. We analyze the institutional nature of unemployment in Russia.
Methods. The study draws on methods of vertical, horizontal, institutional, graphic, and comparative analysis.
Results. The exploration of institutional factors of the Russian labor market enabled to formulate its main feature, i.e. low level of unemployment with low wages.
Conclusions. The quality of workforce will fundamentally improve the situation of the employed population in Russia and increase incomes of specialists in accordance with the socio-economic conditions for expanded reproduction of human capital.

Keywords: institutional factor, unemployment, education, qualification, ranking

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