Skip to content

Russia's Bold Plan to Put Half of Young Adults in Jobs by 2029

A lack of experience keeps young Russians unemployed—but can tax incentives and digital platforms turn the tide? The government bets big on its 2030 strategy.

The image shows a graph on a white background with text that reads "Russia's GDP Growth from 1900...
The image shows a graph on a white background with text that reads "Russia's GDP Growth from 1900 to 2020". The graph displays the number of people who have lived in Russia over the years, with the height of the graph indicating the growth rate.

Russia's Bold Plan to Put Half of Young Adults in Jobs by 2029

Russia has set an ambitious goal to increase youth employment over the next few years. By 2029, the government aims to have more than half of its 15-to-29-year-olds in jobs near me. Officials believe the target is achievable—but only with major changes in the job market and new support programmes.

In 2022, only 47% of young Russians were employed, with a slight rise to 47.6% expected in 2023. The main hurdle for job seekers remains a lack of practical experience. Many employers demand proven skills and measurable results from candidates, leaving newcomers at a disadvantage.

To tackle this, the Ministry of Labor launched the National Youth Employment Project 2025–2030 in January 2026. The plan includes subsidised apprenticeships for 500,000 young people each year. Regional job-matching platforms will also expand through the My Career online portal. Companies hiring workers under 25 will receive tax breaks as an extra incentive.

Zanna Vorobyova, Omsk's chief labour inspector, described the 50.8% employment target as realistic. She stressed that steady progress and consistent programme rollouts would be key. However, she also warned that reaching the goal would require significant shifts in how the labour market operates.

The government's measures aim to push youth employment beyond 50% within three years. Subsidised training, tax incentives, and digital job platforms form the core of the strategy. Success will depend on sustained effort and cooperation between employers, regional agencies, and young job seekers.

Read also:

Latest