Russia short of around 4.8 million workers in 2023, crunch to persist
Russia was short of around 4.8 million workers in 2023 and the problem will remain acute in 2024, the Izvestia newspaper reported on Sunday, citing experts and research from the Russian Academy of Science's Institute of Economics. Central Bank Governor Elvira Nabiullina said last month that Russia's depleted labour force was causing acute labour shortages and threatening economic growth as Moscow pumps fiscal and physical resources into the military. The outflows intensified after President Vladimir Putin, who earlier this month lauded a historically low jobless rate of 2.9%, annou...
Source: yahoo.com
