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. Not only was it unexpected (particularly given that Russia currently has the upper hand in Ukraine), but it was carried out in total secrecy.
"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%?