The impact of labor migration on the labor market in the Lipetsk region and its development targets

The study discusses the significance of labor migration and its impact on the labor market of the Lipetsk region based on correlation and cluster analysis. The paper reveals that the number of arriving migrants affects the social and economic indicators such as migration rate per 1,000 working-age people, remigration ratio, migration efficiency ratio, labor market strains, and migration impacts on the labor market. The municipalities of the Lipetsk region are differentiated according to the above-mentioned indicators describing the migration in the region. Such a differentiation identifies the groups characterized by a high or law impact of migration processes on the labor market. The development targets of the regional labor market are defined in view of factors affecting migration and providing market balance and its further development. The development targets are based on unified migration statistics, the improvement of social and economic environment, and the enhancement of laws and regulations in this regard.