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Essay: Russia's labor shortage (view source)
Revision as of 14:50, April 10, 2024
, 14:50, April 10, 2024→2023: In Russia, the shortage of personnel in the oil and gas industry was assessed
Earlier, the head of the Central Bank, Elvira Nabiullina, said that the shortage of personnel is the main problem of the Russian economy. According to the representative of the Bank of Russia, for further economic growth, it is necessary to ensure not the availability of money and loans, but to increase labor productivity.<ref>[https://www.oreanda-news.com/en/tek/in-russia-the-shortage-of-personnel-in-the-oil-and-gas-industry-was-assessed/article1494706/ ''In Russia, the shortage of personnel in the oil and gas industry was assessed''], Oreana News, 2023</ref>}}
Earlier, the head of the Central Bank, Elvira Nabiullina, said that the shortage of personnel is the main problem of the Russian economy. According to the representative of the Bank of Russia, for further economic growth, it is necessary to ensure not the availability of money and loans, but to increase labor productivity.<ref>[https://www.oreanda-news.com/en/tek/in-russia-the-shortage-of-personnel-in-the-oil-and-gas-industry-was-assessed/article1494706/ ''In Russia, the shortage of personnel in the oil and gas industry was assessed''], Oreana News, 2023</ref>}}
=== Military recruitment in Russia aggravates Russia's labor shortages in oil industry. Russian backlash due to terrorist attack in Moscow causes many migrants to return home ===
On April 5, 2024, Reuters reported:
{{Cquote|Russian oil producer Lukoil (LKOH.MM), opens new tab has signed a deal with Uzbekistan to hire workers from the Central Asian state on temporary contracts, in a sign of how labour shortages are forcing Russian firms to recruit staff from abroad.
The deal, announced by Uzbekistan's ministry of poverty alleviation and employment, comes as Central Asians living in Russia face heightened suspicion and hostility after a mass shooting at a Moscow concert hall last month in which at least 144 people were killed...
Russia's labour shortages have been aggravated by military recruitment for the war in Ukraine and the fact that hundreds of thousands of people have left the country since it started in February 2022. The jobless rate fell to a record low of 2.8% in February.
The working-age population has particularly been decreasing in Russia's Arctic and far east regions, where much of its oil and gas production is concentrated.
Russia's workforce includes several million immigrants from Muslim countries of Central Asia which used to be part of the Soviet Union.
Last week, however, Tajikistan said there had been a surge in the numbers of migrant workers returning home, some saying they were afraid amid signs of a backlash following the concert shooting. Kyrgyzstan, another Central Asian state, urged its citizens last week to put off unnecessary travel to Russia.<ref>[https://www.reuters.com/world/russias-lukoil-seeks-uzbek-workers-tackle-labour-shortage-2024-04-05/ Russia's Lukoil seeks Uzbek workers to tackle labour shortage], Reuters, April 5, 2024</ref>}}
== See also ==
== See also ==