Voronezh, Russian Federation
Informal employment is a concept that is difficult to pin down. Situated at the intersection of the economic and social spheres, it inevitably generates controversy. This article examines the key causes of informal employment, as well as its economic consequences—from losses to the state budget and increased social risks for workers themselves to distorted labor market statistics. Based on an analysis of statistical data, an assessment is made of the scale and dynamics of informal employment. Particular attention is paid to a range of government measures to legalize labor relations.
informal employment, labor market, socio-economic consequences, shadow economy, state regulation, legalization of labor relations, self-employed, and social protection of workers
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