Economic Analysis: Theory and Practice
 

Unemployment as an indicator of economic security in the employment sector: A regional dimension

Vol. 17, Iss. 2, FEBRUARY 2018

Received: 3 October 2017

Received in revised form: 1 November 2017

Accepted: 15 November 2017

Available online: 1 March 2018

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: 

Pages: 217–231

https://doi.org/10.24891/ea.17.2.217

Savina T.N. Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
savinatn@yandex.ru

ORCID id: not available

Importance To achieve a high level of economic security is a key priority of national development. Employment reveals one of the most important aspects of social development of the individual that is associated with his or her needs satisfaction in the sphere of employment and is boon to economic security.
Objectives The purpose of the study is to show the impact of unemployment on economic security in employment.
Methods I apply such scientific methods as dialectical, historical and logical unity, structural and functional analysis, traditional techniques of economic analysis and synthesis. The methods of multivariate statistical and comparative analysis serve as a methodological basis of the study. To determine the indicator of unemployment, I use the band theory.
Results I underpin the growing role of employment in ensuring economic security. The paper presents a comprehensive assessment of the unemployment status and a comparative analysis of the indicator in the Republic of Mordovia, the Volga Federal District, and the Russian Federation as a whole. I identify trends in the average duration of unemployment, show the distribution of unemployed by level of education and age groups.
Conclusions The average annual unemployment rate in the Republic of Mordovia is lower than in Russia and the Volga Federal District. The findings may be useful for public authorities to substantiate their employment policy at both macro- and meso-levels, for designing programs and strategies for socio-economic development of regions and the social security doctrine, as well as in practical activities of employment services.

Keywords: employment, indicator, unemployment, economic security, threshold value

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ISSN 2311-8725 (Online)
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