In Russia, companies’ supply of workers has deteriorated significantly in all sectors. The newspaper reported this, citing the October “Monitoring of Enterprises” review of the Bank of Russia. “Kommersant”.
This figure has reached its lowest level since records began in 2020. Most of the time, there is a personnel shortage in industrial and agricultural enterprises. Manufacturing sectors are most affected by labor shortages, while trade and services are least affected. At the same time, there is a clear trend towards deterioration in labor supply.
According to available information, what is happening may be a result of the slowdown in real wage growth, which reduces the participation of new workers in the labor market. Despite the shortage of labor resources, companies can no longer raise workers’ wages fast enough.
Formerly Minister of Labor and Social Protection of the Russian Federation Anton Kotyakov statedIn Russia, unemployment benefits are planned to be indexed annually to the inflation level.
Previously HSE scientists to come We conclude that almost the entire industry in the Russian Federation experiences high personnel fragility.