EMPLOYMENT AND SALARY AS INDICATORS OF SOCIAL QUALITY OF LIFE

In Russia throughout the 20th century the development of labor relations more resembled the motion in circle - from labor market and back to labor market again. The civilized labor market, launched in the period of emerging young Soviet state in the early 1920s, was destroyed in several years being replaced with the system of rigid state control and universal labor duty, which turned the country into a huge labor camp until the middle of the 1950s causing slight relief in this sphere. Again the labor market returned to Russia with market development in the country. It happened in a difficult and very contradictory situation. The revival of the market economy in the country in the 1990s also resulted in the need for the labor market being the component of this system. The beginning of market transformation in the country was accompanied by a sharp reduction of the real wage at insignificant rise of unemployment, informal employment and shadow remuneration became widely popular, alongside with contracted work and temporary employment. The economic growth indicated positive dynamics in the growth of nominal and real wage, but despite this fact, there were still many problems in this sphere. Thus, the labor productivity in the Russian economy was much lower than similar indicators of the developed countries, which also causes lower remuneration level in the country. The labor deficit may lead to advanced growth of the real wage in the future thus causing an adverse effect on the competitiveness of domestic production. (C) 2019 Published by Future Academy www.FutureAcademy.org.UK