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Russian Factories Face Record Labor Shortages

www.themoscowtimes.com Russian Factories Face Record Labor Shortages - The Moscow Times

Russia’s industrial worker shortage reached a new high last month, the RBC news website reported Thursday, citing a survey by the Yegor Gaidar Institute for Economic Policy.

Russian Factories Face Record Labor Shortages - The Moscow Times

Only 2% of the surveyed enterprises said they were overstaffed, with RBC noting that the stark shortage-to-surplus of workers ratio represents the widest margin in the past 28 years.

According to an April survey by Russia's Central Bank, in the first quarter of 2023, worker shortages in Russia reached their highest level since records began in 1998.

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