PANDEMIC AND ENERGY CRISIS – INFLUENCES ON THE LABOR MARKET. RUSSIAN INVASION IN UKRAINE AND ITS CONSEQUENCES

Abstract

This article aims to present a brief analysis of the 2022 moment in the light of the evolution occurred on the labor market under double crisis conditions (pandemic and energy crisis), on the one hand, and of the way of adapting labor resources to the new conditions, on the other hand. The European and Member States welfare depends on the way people adapt themselves or are helped to adapt to the economic and social environment imposed by the new living conditions that have occurred worldwide in recent years. Given this socio-economic situation, we intend to sum-up the way in which labor work has been affected and changed and whether it has succeeded in adapting to the new challenges. During the elaboration of this study, the political, strategic and economic perspective was radically changed. On 21 February 2022, after a period of extreme tensions, Russian President Vladimir Putin decided to recognize administrative regions Donețk and Luhansk of Ukraine as independent entities and to send troops of Russian Federation to these areas. In the morning of 24 February 2022, Russian Federation began the illegal invasion of Ukraine, an independent state, member of the UN.

Keywords

• labor market
• pandemic crisis
• political and military crisis
• social and economic security
• energy crisis