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Luikmel: There Is a Major Labor Shortage in Russia, Which Is Hampering the Economy

Summary by Eesti Rahvusringhääling
According to Peeter Luikmel, an economist at the Bank of Estonia, the major drag on the Russian economy is the labor shortage. Mobilization and youth emigration have left the civilian sector in a bind, where even double-digit wage increases are unable to fill vacant jobs.

1 Articles

Eesti RahvusringhäälingEesti Rahvusringhääling
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Luikmel: There Is a Major Labor Shortage in Russia, Which Is Hampering the Economy

According to Peeter Luikmel, an economist at the Bank of Estonia, the major drag on the Russian economy is the labor shortage. Mobilization and youth emigration have left the civilian sector in a bind, where even double-digit wage increases are unable to fill vacant jobs.

·Estonia
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Eesti Rahvusringhääling broke the news in Estonia on Sunday, April 19, 2026.
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