Siteadmin, Check users, oversight, Administrators
350,910
edits
Changes
Jump to navigation
Jump to search
Line 58:
Line 58: + + + + + + + + + + + + + + + + + + + + + + + + +
Essay: Russia's labor shortage (view source)
Revision as of 14:57, April 10, 2024
, 14:57, April 10, 2024→Russia's economy is that of a shrinking, aging, and poorly qualified population
''See also:'' [[Essay: Russia's economy is that of a shrinking, aging, and poorly qualified population|Russia's economy is that of a shrinking, aging, and poorly qualified population]]
''See also:'' [[Essay: Russia's economy is that of a shrinking, aging, and poorly qualified population|Russia's economy is that of a shrinking, aging, and poorly qualified population]]
== Russia's economy is that of a shrinking, aging, and poorly qualified population ==
[[File:Flag of Russia.png|right|thumbnail|250px|The flag of [[Russia]] ]]
There is currently a talent war in the world due to technology and labor productivity increasing being important in terms of the prosperity of a country.<ref>[https://www.cnbc.com/2023/11/13/the-worlds-best-and-brightest-are-flocking-to-these-countries.html The world’s best and brightest are flocking to these countries], CNBC, 2023</ref> Countries’ competition for talent is forecasted to become fiercer over the next ten years as both uncertainties and international tensions continue in trade, investment and politics.<ref>[https://www.cnbc.com/2023/11/13/the-worlds-best-and-brightest-are-flocking-to-these-countries.html The world’s best and brightest are flocking to these countries], CNBC, 2023</ref> And right now, the United States is competitive in this talent war and China/Russia are not which is one of the reasons why people are fleeing China/Russia (See: [[Essay: Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia|Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia]] and [https://www.cnbc.com/2023/11/13/the-worlds-best-and-brightest-are-flocking-to-these-countries.html The world’s best and brightest are flocking to these countries], CNBC, 2023).
On December 15, 2023, ''The Insider'' noted:
{{Cquote|The nationwide mobilization (and the resulting outflux of qualified professionals abroad) exacerbated the crisis in the Russian labor market, already profoundly affected by the demographic decline. Russia's workforce shortage will only increase, experts [https://www.rbc.ru/economics/04/12/2023/656c83409a79471d72124f2d warn], and may reach 4 million people by 2030. Developed economies compensate for insufficient human resources by driving labor productivity (using such tools as AI, among others), but Russia is also faced with the degradation of industrial processes due to international sanctions. Igor Lipsits, Doctor of Economics, explains how Russia's government policy has caused a labor market catastrophe and why the deteriorating educational system cannot remedy the situation...
As early as 15 years ago, when the 2020 Strategy was in the making, the debate was ongoing as to whether defense spending should be cut in favor of supporting education to prevent its decay. No practical steps were taken, though, and Russia currently ranks 82nd in the world by education spending...
Since 2006, Russia’s working-age population has shrunk by 13 million.
That is, this category is going through a rapid decline. The resulting workforce shortage will cost Russia 1-2% of its GDP each year, according to a market study by Yakov & Partners (former partners of McKinsey in Russia)...
From 2018 to 2023, the number of vacancies in Russia has grown by 80%, exacerbating the shortage of human resources. By 2030, the gap will have reached 2–4 million employees. The most affected category is professionals with vocational training (1.1–2.2 million people). The shortage of specialists with a high education will vary from 700,000 to 1.4 million.
Russia is not the only nation facing depopulation. Japan, which has it the hardest, has chosen to remedy the situation through robotic engineering. By contrast, Russia is among the planet's laggards in terms of production automation, with its robotic automation pace equaling one-seventieth of the global average...
According to the Center for Education Quality Assessment under Russia’s Ministry of Education, around 10% of Russia's schools offer subpar tuition. That’s an optimistic assessment, considering that testing has revealed 22% of Russia's secondary school students to be low-performing. They struggle to grasp the meaning of texts and cannot objectively assess themselves. What further education path is available to such students? Sixty-six percent enter various vocational schools, 26% go to high school anyway, and 7% call it quits. They often consider joining the military as a viable option, ending up in the war with Ukraine, in which Russia is losing both its population and genetic pool.
As a result, 25-28% of Russia's adult population is more of a burden to the nation, only preventing its economic development...
The quality of schooling has grown even poorer, with Russian schools ranking 31st–33rd among 79 countries, according to 2018 PISA tests in several fields. In 2022, Russia didn't participate in the study due to the war.
The quality of higher education, including the PhD level, has also dropped. Thus, from 2010 to 2021, the number of colleges offering postgraduate programs dropped by 3.4 times; the number of available Ph.D. positions decreased by 1.9 times; the Ph.D. graduation rate plunged by 2.4 times, and the number of Ph.D. students who graduated by defending a thesis fell even lower, by 6.4 times.<ref>[https://theins.ru/en/opinion/igor-lipsitz/267664 The “no human” factor: How Russia’s workforce shortage rolls back its economic development]</ref>}}
== See also ==
== See also ==