Russia's Demographic Dilemma: Labor Shortage and Economic Impact

#thegaze Almost half of Russia's industrial enterprises experiences the shortage of employees of various specialities and qualification levels. The figure is a record high since 1996. The decline in the birth rate in the 1990s and Russia's war against Ukraine are the main reasons why the federation is in acute shortage of labour, experts believe. How Russia fell in a demographic hole and what consequences it will have for their economy - find out in our news story.