The labour market becomes poorer due to demographic reasons.
Every year in Russia due to the demographic reasons the labor market will go for 400-600 thousand people. This was stated by Deputy economic development Minister Oleg Fomichev.
“This year we have started, due to the demographic conditions, the large-scale reduction of people of working age – the labour market will go in the year to 400-600 thousand of people,” he said.
However, according to him, after some time Russia will once again be on an upward trend for this indicator, “demographics will recover”. In addition to that moment formed new jobs in new sectors, he said.
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