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13%  
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  • Russia's population crisis is so dire, it's staring down a labor shortage of 11 million people by 2030, a minister told Putin

    07/15/2025 9:01:57 AM PDT · by MinorityRepublican · 48 replies
    Business Insider ^ | Jul 15, 2025 | Huileng Tan
    Russia is staring down a long-term economic threat that could outlast both the war in Ukraine and Western sanctions: a deepening demographic crisis. On Tuesday, Labor Minister Anton Kotyakov underscored the scale of the problem during a meeting with President Vladimir Putin. "Today, according to our estimates, by 2030 we need to involve 10.9 million people in the economy," Kotyakov told Putin, according to a post from the Kremlin. Kotyakov said the number is required to replace 10.1 million people who will reach retirement age, and 800,000 new jobs. Kotyakov warned that if productivity growth falls short of the assumptions...