Open AccessLabor market, wage rates and unemployment
Author(s) -
Г. В. Астратова,
Е. Б. Бедрина,
Dababrata Chowdhury,
Vilas Gaikar
Publication year - 2022
Publication title -
international journal of health sciences (ijhs) (en línea)
Language(s) - English
Resource type - Journals
eISSN - 2550-6978
pISSN - 2550-696X
DOI - 10.53730/ijhs.v6ns2.5742
Subject(s) - pace , unemployment , wage , labour economics , pandemic , economics , vulnerability (computing) , appeal , government (linguistics) , secondary labor market , market economy , development economics , business , labor relations , economic growth , political science , covid-19 , geography , medicine , linguistics , philosophy , computer security , disease , geodesy , pathology , computer science , infectious disease (medical specialty) , law
The rapid and undulating spread of the new dangerous COVID-19 infection across the world has exacerbated many socio-economic problems, showing the precariousness and vulnerability of modern civilization. The labor market was particularly hard hit under the current conditions, as it had been undergoing a gradual structural transformation in the previous period due to the digitalization of the economy, and was now forced to adapt at an accelerated pace to changes in the external environment under the influence of the pandemic and the response of the government to it. At the same time, the directions of adaptation were quite controversial, which led to the appeal to the chosen research topic. The authors conducted a comparative analysis and evaluation of adaptation practices. The following conclusions were made: 1) The pandemic confirmed the importance of non-price factors for the labor market; 2) Comparative analysis showed that the labor markets of developed and developing countries were affected unevenly; against this background, the Russian labor market, based on official statistics, looked quite positive; 3) The coronacrisis led to a widespread change in the structure of employment and demand for various groups of professions; 4) The pandemic forced enterprises to save on the wage fund