Introduction. Despite record employment growth in Russia in 2023, the issue of youth unemployment remains highly relevant. Young people are particularly vulnerable in the labour market compared to other age groups. Russian and international studies have confirmed a significant relationship between the employment of young people and their level of education.
Aim. The aim of this study is to analyse the influence of the educational level of Russian youth on their employment rates and how this is affected by external factors.
Methods. The study implemented a dynamic comparative analysis of various factors determining the employment of young people in 2022 compared to 2019. This involved calculating correlations and regression models based on primary data from the consolidated budget of the constituent entities of the Russian Federation, as well as statistics from Rosstat, the Ministry of Education and Science of Russia, and the Ministry of Labour of Russia. The analysis was conducted upon three groups of regions based on the author’s clustering methodology..
Results. The study revealed the links between the status of young people with different levels of education in the labour market and socio-economic factors, as well as the impact of the education system on employment and economic activity indicators in 2022 compared to 2019.
Scientific novelty. The unique methodology of clustering the Russian Federation subjects allowed for a dynamic analysis of indicators from 2019 to 2022, grouping regions not only based on socio-economic development but also other factors affecting the population’s status in the labour market, particularly educational parameters.
Practical significance. The study’s findings will help to specify factors influencing the employment of youth with different levels of education in different regions, ultimately increasing the effectiveness of social policies aimed at activating youth in the labour market.