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Impact of Economic Crises 2008-2009 and 2020 on the Labor Market

Andrey N. Pokida – Director of Center for Social and Political Monitoring of the Russian Presidential Academy of National Economy and Public Administration, Сandidate of Sociological Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Natalia V. Zybunovskaya – 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.

The article presents the results of a sociological survey of the employed population, conducted in 2020, in comparison with the results of a similar study in 2009. The aim of both studies was to study the impact of the economic crisis on the state and dynamics of the Russian labor market.

Both economic crises have negatively affected the living conditions of the majority of the employed population. However, if the results of the financial and economic crisis of 2008–2009 ordinary workers felt most affected, the 2020 crisis hit entrepreneurs much harder.

The article was written on the basis of the RANEPA state assignment research programme.

Key words: labor market, pandemic, economic crisis, employment, financial situation, professional activity, business activity.