Labor resources and their significance for the socio-economic development of the Russian Federation

In this article, the authors consider the problem of reducing the population in the Russian Federation due to insufficient birth rate and high mortality. In turn, this leads to a reduction in labor resources in the economy. Solving this problem, the authors come to the conclusion that such a factor in the economy, such as labor resources, gradually becomes insignificant and loses its dominant value. The next leading factor in economic growth can be knowledge and innovations that are capable at the present stage of the country's development to give impetus to the onward movement forward and determine the future features of the new economy.