Working Poor in Modern Russia

Abstract

The problem considered in the article is the problem of poverty, as well as the problem of citizens who are called the new poor or the working poor in Russia today. Unfortunately, there are no statistics on the working poor, in our country but we believe that this is a very large part of the population of modern Russia. The article reveals in detail the concept of poverty, considers the phenomenon of poverty in Russia, as well as the national traits of poverty in our country and shows its national characteristics. We attributed to them such traits as wide spread of poverty in Russia, both in urban and rural areas; also, women are referred to the poor population most frequently, the ones who are left with their children without any financial support on the part of their spouses. Russias economy has faced a unique phenomenon of the working poor. The employees who perform their work functions in their workplaces get so low payment for their work that they can be regarded as the working poor. The article brings forth international statistics on poverty in Russia, the source of which being objective information of the World Bank as a UN institution. On this basis, it keeps track of the dynamics of poverty in Russia and draws the corresponding findings and the conclusion.