Translartion. Region: Russians Fedetion –
Source: State University of Management – Official website of the State –
On February 11, 2025, the Congress Hall of the Free Economic Society of Russia hosted the scientific forum “Abalkin Readings” on the topic: “Prospects for the Development of the Labor Market in Russia”, in which the Vice-Rector of the State University of Management Dmitry Bryukhanov took part.
According to the results of the first three quarters of 2024, the unemployment rate in the country was at a historically low level of 2.6% (1.9 million people). During a meeting of the Council on Science and Education, Russian President Vladimir Putin emphasized that “the acute and sensitive shortage of personnel for Russian enterprises requires non-standard solutions.” Finding these solutions became one of the goals of the “Abalkin Readings.”
Opening the scientific forum, the President of the Russian Economic Society, Corresponding Member of the Russian Academy of Sciences Sergei Bodrunov emphasized that the labor shortage is one of the key internal risks for the development of the Russian economy.
“Resolving the problem of personnel shortage will allow realizing the growth potential of the Russian economy. This problem is structural in nature; in some industries, the labor shortage is felt very acutely. Among its causes are not only factors related to negative demographic trends. The sectors of the economy that employ a large number of low-skilled specialists have been greatly affected by the mass outflow of migrants. The shortage of employees is aggravated, among other things, by the forced structural restructuring of the economy. One of the solutions to the problem of personnel shortage is to increase labor productivity. Accordingly, investments in high technologies are necessary,” noted Sergei Bodrunov.
According to estimates by the Institute of Economic Forecasting of the Russian Academy of Sciences, annual growth in labor productivity could amount to 3.4% in the long term up to 2050.
“Russia has enormous potential for growth in labor productivity. In such activities as finance and insurance, the average annual growth rate of labor productivity up to 2035 could be 6% per year,” believes Alexander Shirov, Director of the Institute of Economic Forecasting of the Russian Academy of Sciences, Corresponding Member of the Russian Academy of Sciences, and Member of the Presidium of the Russian VEO.
There is a great need for workers and mid-level specialists in key sectors of the economy. According to experts, increasing the prestige of blue-collar jobs and developing secondary vocational education will help overcome the shortage of personnel in the short term.
“According to statistics, two-thirds of school graduates receive higher education, and one-third – secondary specialized education. There is a shortage of personnel in blue-collar jobs. From the point of view of production and the labor market, this is the most important resource for reducing the labor shortage,” says Andrey Klepach, chief economist of the state development corporation VEB.RF and member of the Board of the VEO of Russia.
Summing up the discussion, the head of the economics section of the Department of Social Sciences of the Russian Academy of Sciences, academician of the Russian Academy of Sciences Boris Porfiryev noted that the problem of labor shortage is complex, therefore a comprehensive, systemic approach is required from experts and politicians and their effective interaction so that the labor market is balanced and meets the needs of dynamic and sustainable development of the country’s economy in the long term.
Subscribe to the TG channel “Our GUU” Date of publication: 02/13/2025
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