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#6 - JRL 6404
Russia's workforce to reach 89.1m people by 2005
Moscow, Russia, Aug 14, 2002 (RosBusinessConsulting via COMTEX) -- The annual average number of working-age people will be growing in Russia and will reach 87.3m people in 2002 and 89.1m people in 2005. The workforce will increase by 2.4% by the end of 2005 compared to the 2001 level and by 2.1% compared to the 2002 level, or by 1.8m people. This information is given in a report by the Economic Development and Trade Ministry, outlining the forecast for Russia's social and economic development for 2003 and the main parameters of the respective forecast for the period until 2005. The number of people younger than the working age will decrease from 27.9m to 23.5m in 2005 compared to that of 2001, or by 16%. Their percentage in the total population will decrease from 19.3% in 2001 and 18.6% in 2002 to 16.6% in 2005. The number of people older than the working age will be declining and will fall to 29.3m people in 2005, which is 600,000 people, or 2%, less than that of 2001, and 500,000 people, or 1.7%, less than that of 2002. At the same time, the percentage of people older than the working age will reach 20.6% of the total population in 2005 and will not change compared to that of 2001.
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