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Underutilization of Labor Resources: Growth of Potential Workforce

Victor Yu. Lyashok – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the course of four recent years the unemployment level in the Russian Federation is on the decline. However, application of alternative criteria for the estimation of underutilized labor resources demonstrate somewhat different dynamics. In 2019, we observed growth of potential workforce number including those who believe it to be impossible for them to find a job.

Key words: labor market, unemployment rate, potential workforce.