Challenges and Prospects for Russian Youth in the Modern Labor Market
The paper analyzes the current state of youth employment. Findings of 2019 representative sociological study of youth cohorts show that early entry into labor market is a social norm commonly followed by all groups of young people. The paper studies characteristics of jobs taken up by young people. About one third of graduates works in the field of their specialization (major), their share is relatively higher in the social sector and among them, there are more those who have high quality educational resources. The paper covers an integral estimation of job satisfaction, showing that one third of young people are satisfied with their job above average, while 24% of surveyed are not satisfied with their position on the labor market. It shows that young people find the prospects of career progress (48%) and income development (64%) rather realistic. The factors that contribute to the prospects on the labor market are living in major cities and availability of high-quality educational resources.