This article analyzes the main indicators of the labour market in the Czech Republic, Russia and European Union. The authors seek relation of labour market development and global financial crisis followed by recession in European countries. The main problems of high unemployment rate, structural differences and very strong youth unemployment and its possible consequences are discussed too. Attention is also paid to the development of nominal and real wages.
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The paper deals with the features of the labour market in Russia. The Russian labour market is neither quantitatively nor qualitatively balanced, there are significant disparities in pay for various categories of employee and regional labour markets differs significantly from each other. The labour market is developing in the context of the general crisis, marked by recession, structural deformities, a gap of commercial and technological linkages, over employment, illegal migration, depopulation, poor infrastructure of the labour market and a large share of the shadow economy. All these features are discussed in detail.
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