Russian Labor Market: Which Professions Will Be In Demand in the Next Five Years
The forecast from the Ministry of Labor of Russia indicates significant changes in the labor market over the next five years. A decline in demand for certain professions is expected alongside an increase in the demand for others, creating new challenges and opportunities for both employees and employers.
Professions That Will Lose Demand
According to the Ministry of Labor's forecast, the need for specialists in the fields of public administration and trade will decrease in the coming years. In government agencies, there will be a reduced demand for consultants, advisors, and specialists, while in retail, the need for salespeople, accountants, and marketing professionals will decline. Additionally, a downturn is anticipated for finance professionals, administrators, marketers, public relations specialists, woodworking professionals, and food industry workers.
The reasons for this shift include automation of processes, digitalization, and optimization of workforces, as well as a transition to new business formats where many functions are assumed by technology.
Where Demand is Expected to Increase
The highest growth in staffing needs is forecasted in the personal services sector. This is linked to an increase in population income and the rising demand for services that delegate household and professional tasks. Additionally, there will be a demand for:
- Mechanics and repair technicians;
- Builders and finish workers;
- Electricians and plumbers;
- IT specialists: software developers, data analysts, engineers, and cybersecurity experts;
- Healthcare professionals, including doctors, nurses, and caregivers.
Tendencies and Challenges
The labor market will face a shortage of personnel due to demographic changes and migration. Workers will need to adapt to new technologies and engage in continuous education. Hybrid work formats, remote work, and high demands for working conditions will remain relevant.
Moreover, the importance of soft skills—communication abilities, critical thinking, and adaptability—will increase. Companies will look for employees who are willing to learn and work in a multitasking environment.
What This Means for Workers
The period of transformation in the labor market requires flexibility and readiness for reskilling. Workers who are prepared to acquire new skills and adapt to changes will gain competitive advantages and find their place in new in-demand fields. Education and professional development will become key factors for successful employment in the coming years.
