Socio-Demographic Development in Russia: Dynamics and Risks for the Labor Market

Abstract

Aim. This study aims to analyze major trends in socio-economic development in modern Russia in terms of its socio-economic impact. Tasks. In this study, the authors perform a comparative analysis of the first and second phases of depopulation and identify major risks of demographic development for the modern labor market. Methods. The study uses general scientific methods of cognition, including the analytical method, to examine the dynamics of sociodemographic development. Results. The performed analysis is based on the correlation among the demographic, social, and economic factors of social reproduction. Despite the inertia of demographic processes, the study substantiates the need for the intensive implementation of the population policy and new managerial decisions to overcome the second phase of depopulation. Conclusion. In the coming years, socio-demographic development should focus on the maximum use of reproduction and migration reserves to minimize depopulation and lay the groundwork for a new demographic rise. Achieving this goal involves collecting and analyzing extensive statistical and empirical data obtained by monitoring according to all major indicators, including ethnicity. Guidelines based on the United Nations Sustainable Development Goals, which revolve around the integration of demographic, socio-economic, and socio-cultural policy measures, should also prove useful.