The way in which Russian Defense Minister Sergei Shoigu was replaced last week with little-known economist Andrei Belousov was characteristic of President Vladimir Putin’s way of operating.
"Severe labor shortage" puts a hard ceiling , a limit to all the economic. news. Happily for Russians, wage increases now exceed inflation by a huge amount. However. guest workers from former Soviet republics no longer arrive in any significant numbers. Long term , it will only get worse .as the demographic free-fall accelerates . Women fill jobs which were formerly a man's job., Moreover, how many 19-35 year old birthing age women are there , compared to ten years ago ? 40%? 30%?
Shoigu was moved UP.
"little-known economist Andrei Belousov" has long been a rising star.
We can all draw our own conclusions on the rest of the piece from sentence 1.
"Severe labor shortage" puts a hard ceiling , a limit to all the economic. news. Happily for Russians, wage increases now exceed inflation by a huge amount. However. guest workers from former Soviet republics no longer arrive in any significant numbers. Long term , it will only get worse .as the demographic free-fall accelerates . Women fill jobs which were formerly a man's job., Moreover, how many 19-35 year old birthing age women are there , compared to ten years ago ? 40%? 30%?