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→Russia's demographic decline
A smaller population means a country's lower economic potential, a shrinking domestic market, worsening demographic problems and an aging population, as well as a decrease in the country's geopolitical power. The population size still correlates with the weight in international relations, the ability to promote their interests on the world stage. And the declining population for the largest country in the world may cause some neighbors on the continent, especially the eastern ones, to be tempted to solve their internal growing problems by some external adventures. But will Russia find anyone and how to fight back, will there be allies?<ref>[https://thebell.io/do-kontsa-veka-nas-khvatit-demograf-salavat-abylkalikov--o-tom-vymiraet-li-rossiya-i-chto-s-etim-delat?ref=en.thebell.io "Until the end of the century, we will be enough." Demographer Salavat Abylkalikov - about whether Russia is dying and what to do about it], Russian demographer Salavat Abylkalikov</ref>}}
A smaller population means a country's lower economic potential, a shrinking domestic market, worsening demographic problems and an aging population, as well as a decrease in the country's geopolitical power. The population size still correlates with the weight in international relations, the ability to promote their interests on the world stage. And the declining population for the largest country in the world may cause some neighbors on the continent, especially the eastern ones, to be tempted to solve their internal growing problems by some external adventures. But will Russia find anyone and how to fight back, will there be allies?<ref>[https://thebell.io/do-kontsa-veka-nas-khvatit-demograf-salavat-abylkalikov--o-tom-vymiraet-li-rossiya-i-chto-s-etim-delat?ref=en.thebell.io "Until the end of the century, we will be enough." Demographer Salavat Abylkalikov - about whether Russia is dying and what to do about it], Russian demographer Salavat Abylkalikov</ref>}}
== Russia's labor crisis ==
''See also:'' [[Russia's labor crisis]]
On December 24, 2023, Reuters reported:
{{Cquote|Russia was short of around 4.8 million workers in 2023 and the problem will remain acute in 2024, the Izvestia, opens new tab newspaper reported on Sunday, citing experts and research from the Russian Academy of Science's Institute of Economics.
Central Bank Governor Elvira Nabiullina said last month that Russia's depleted labour force was causing acute labour shortages and threatening economic growth as Moscow pumps fiscal and physical resources into the military.
Hundreds of thousands of Russians left the country following what the Kremlin calls its special military operation in Ukraine which began in February 2022, including highly-qualified IT specialists...
The outflows intensified after President Vladimir Putin, who earlier this month lauded a historically low jobless rate of 2.9%, announced a partial military mobilisation of around 300,000 recruits in September 2022.
Putin has said he sees no need for a new wave of mobilisation for now.
Izvestia, citing the author of the research, Nikolai Akhapkin, said that labour shortages had sharply increased in 2022 and 2023. It said that drivers and shop workers were in particularly high demand.
According to official data, cited by the newspaper, the number of vacancies in the total workforce rose to 6.8% by the middle of 2023, up from 5.8% a year earlier.
"If we extend the data presented by Rosstat (the official statistics agency) to the entire workforce, the shortage of workers in 2023 will tentatively amount to 4.8 million people," the newspaper cited the new research as saying.
It noted that Labour Minister Anton Kotyakov had said that workforce shortages were felt hard in the manufacturing, construction and transportation sectors, forcing companies to raise wages to try to attract more employees.<ref>[https://www.reuters.com/world/europe/russia-short-around-48-million-workers-2023-crunch-persist-izvestia-2023-12-24/ Russia short of around 4.8 million workers in 2023, crunch to persist - Izvestia]</ref>}}
== See also ==
== See also ==