Labour shortages will dampen economic growth in Russia

Faster-than-expected growth driven by wartime spending has stretched Russia’s shrinking labour market

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In this article

  • Economic restructuring transforms the labour market
  • Quality of workers in decline
  • Defence industry driving up wages
  • Labour policies revised to boost workforce
  • Fewer migrants from Central Asia

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.