Template-type: ReDIF-Article 1.0
Author-Name: Victor Yu. Lyashok
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Sanctions and Russian Labor Market: The Effect is not Yet Evident
Title: Санкции и российский рынок труда: эффект пока неочевиден
Abstract: 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 the other hand, sanctions primarily affect medium and large companies, which in times of crisis are much less inclined to lay off employees compared to small businesses. 
Keywords: labor market, sanctions, unemployment rate, employment, recruitment/dismissals, wage
Classification-JEL: J21, J30, J60
Journal: Russian Economic Developments
Year: 2022
Issue: 8
Month: August
Pages: 50-55
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2272.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2272