The job market in Russia is currently undergoing significant changes due to a shortage in the workforce. This shortage is primarily caused by a demographic gap and losses suffered as a result of the COVID-19 pandemic. This information was reported by Nezavisimaya Gazeta on Tuesday.
A survey conducted by the consultancy firm Yakov and Partners (formerly McKinsey) revealed that most Russians believe that constant training, hybrid work, and increased job requirements will be the major trends shaping the country’s labor market until 2030.
According to data from the Avito Job recruiting agency, employee demand has surged by 160% compared to the same period last year. The areas that have experienced the largest increase in vacancies include personnel management, IT, and administration. Additionally, the education, arts, and domestic staff segments have seen a significant jump in salary offers.
The main reason behind the shortage of workers in Russia is the demographic gap, according to researchers. They noted that each year, the labor market is missing thousands of new specialists.
The study pointed out, “For the past ten years, approximately 100,000 fewer young people have been entering the labor market each year compared to the previous year. Additionally, the labor market has lost about a million people due to the COVID-19 pandemic and another two million due to the special military operation in Ukraine. These include contract soldiers, those who were mobilized, and people who left.”
In response to the changing job market, Russian Prime Minister Mikhail Mishustin emphasized the importance of advanced training programs. He highlighted the need to create a flexible system of professional retraining to enable citizens to obtain additional skills and access more job opportunities.
The Russian Labor Ministry also stated that the need to develop domestic high-tech enterprises has led to a large-scale reshuffling of specialists in demand. They highlighted that there are currently up to 13 vacancies per one registered unemployed skilled worker in the industrial sector.
Looking ahead to 2030, the Labor Ministry predicts that the areas with the highest growth in employee demand will be manufacturing, transportation and logistics, health and social care, research and science, and IT.
In conclusion, the job market in Russia is experiencing significant changes due to a shortage in the workforce caused by a demographic gap and losses from the pandemic. These changes have led to increased employee demand in certain industries and the need for advanced training programs to meet the evolving job requirements. The Russian government is emphasizing the importance of retraining and developing domestic high-tech enterprises to address these challenges.