Moscow and the Caucasus became the leaders of pessimism in the labour market

Moscow and Moscow region, North Caucasus and southern Federal district were outsiders in terms of being competitors in the first quarter of this year, found in the research service HeadHunter, interviewed in January, more than 17 thousand applicants. The corresponding index was equal to minus 0,12 (for Moscow and Moscow region) and minus 0,13 (southern and North Caucasus Federal districts). The index for Russia as a whole reached a low of minus 0.1 points. A year ago it was positive (0,05), the authors note. The least pessimistic indicators in the far Eastern and northwestern Federal districts: in minus 0,07.

The index of well-being” HeadHunter shows how workers and job seekers feel in the moment and how they see their prospects. It is based on estimates of stability in the current job (a threat of dismissal), complexity and criticality of job searching, readiness to reduce salary ambitions and chances in finding employment in the near future. HeadHunter takes into account the ratio of positive and negative estimates and calculates individual indices as the arithmetic mean. The overall index is the arithmetic average of all five parameters. The index ranges from minus 1 to plus 1: “-1” indicates negative attitudes of employees, and “+1” — their stable sense of self on this particular indicator.

The stability index at the current place of work decreased to 0.27 against 0.35 in the first quarter of last year. The indicators below national average were recorded in Moscow and the Moscow region (0,23), the Ural Federal district and St.-Petersburg and Leningrad region (0,26). An index search is equal to minus 0.4 to minus 0.18 in against the beginning of last year. The greatest difficulties in finding work faced by the people of the Siberian and Central Federal districts, Moscow and Moscow region, South and North Caucasus Federal districts. The most critical search for a new job for the residents of southern and North-Caucasian (-0,51) and Siberian FD (-0,49), Moscow and Moscow region (-0,46). Among the leading regions in terms of readiness of employees to reduce salary expectations were in the Ural Federal district, southern Federal district and the Caucasus, Moscow and the Moscow region. Finally, candidates in Moscow and the Moscow region and the southern and North Caucasus Federal districts less than others believe in the success of employment, it follows from the results of the study HeadHunter: although the index for this indicator is positive, it is below the national average — against 0,22 0,25 points.

“In Moscow salaries are higher, demanding more candidates with higher demands on income and benefits package. In the current environment employers have come out with more modest proposals for candidates, to reduce the bonuses to the employees. Naturally, this affects the sentiments of people,” explains Maria Ignatova, head of service of researches HeadHunter. In addition, competition among applicants is also higher, she explains, and this gives rise to dissatisfaction: many not used for the work have to fight — “often with very strong competitors”. A similar situation is observed in the Urals and Siberia, said Ignatov. Consolidated index of the last is equal to minus and minus 0,11 0,09, respectively.

Moscow and the Moscow region, the cities, the crisis has traditionally hurt the first, says Deputy Director public Finance group S&P Karen Vartapetov. “The financial sector, the services sector is more flexible and faster start to reduce employment in the metropolis so people quickly feel the impact of the crisis and, therefore, feel insecure in the sense of their professional prospects,” he concludes. “The General assumption is that in the North-Caucasus and southern districts of demographic pressure on the labour market higher,” said the expert. There younger population, more births, and fewer jobs — and thus the greater competition for them, explains Vartapetov.

According to the study, you feel uncomfortable in the labour market of people from all sectors, excluding medicine and pharmaceuticals (the last index was at zero). “At the same time a year ago, in Q1 2015 the ratio of areas with negative and stable situation was about the same,” the authors note.

The lowest values of the index of well-being of the applicants recorded in the areas of insurance (-0,21), nonprofit organizations (-0,19), banks, investment and leasing (-0,17). Insurance also became the only industry in which more than half of respondents believe that early 2016 may fall under the reduction. In addition, engaged in insurance, banks and legal services workers were among those most willing to lower your salary expectations. Negative 0.16 index equal to top management and lawyers.

“Banking, legal, insurance sectors, were hardest hit during the crisis: reduced demand for staff was the greatest,” explains Maria Ignatova. According to the expert, in this field very high competition: job opportunities are few, and available staff on the market “enough”. Negative mood management Ignatova explains that, on the one hand, employers are not willing to offer them salaries, which they claim, and can’t install them for low wages, knowing that then the staff at the first opportunity I will try to go into more “money” at the initially expected level of compensation. “To be anybody’s second choice no one wants,” she says.