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Putin Faces Labor Crisis Amid Declining Birth Rates

7/15/2025

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Summary

Story summary

Facing a looming demographic crisis, President Vladimir Putin confronts declining birth rates and increasing mortality. Labor Minister Anton Kotyakov warns that Russia will need 10.9 million workers by 2030 to offset retirees and new job demands. The ongoing war in Ukraine exacerbates labor shortages, forcing employers to tap into the workforce of retirees and teenagers, putting immense pressure on the economy.

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Story summary

Facing a looming demographic crisis, President Vladimir Putin confronts declining birth rates and increasing mortality. Labor Minister Anton Kotyakov warns that Russia will need 10.9 million workers by 2030 to offset retirees and new job demands. The ongoing war in Ukraine exacerbates labor shortages, forcing employers to tap into the workforce of retirees and teenagers, putting immense pressure on the economy.