Labor Force Intersectoral Movement As A Factor Of Russian Labor Market Development

Abstract

The paper is devoted to assessing the impact of intersectoral labor movement trends on the situation in the employment sphere and RF labor market. The purpose of the work is to show the features of labor movement processes at the industry level and identify how labor movement trends affect local labor markets' state and dynamics. The dynamics of labor movement indicators by types of economic activity are analyzed; the intensity of labor force movement by economic activities is compared. Using the specially constructed index of the level of tension in the industry's labor markets is estimated. A modified tension index is proposed to assess the level of tension, taking into account the labor movement factor. It is shown that taking into account trends in the population and labor force movement significantly changes the conclusions about the state of employment and the labor market, particularly about the level of tension in local labor markets. The role of the movement factor in the process of labor demand and labor supply adjustment is evaluated.