The Russian Labor Market: The Impact of Crises [Российский Рынок Труда: Воздействие Кризисов]

In the work, the main focus of the research is aimed at analyzing the impact of crises on the labor market, rather than on the upswings, because the dynamics of the labor market during the crisis and recovery are significantly different. The recession in the economy is usually sharper and faster and leads to a decline in demand for labor and through this and other characteristics of the labor market. During the economic recovery, the dynamics of the main characteristics of the labor market are determined by general structural changes in both demand and labor supply.