The EU plans to abandon Russian aluminum and LNG as part of the 16th package of sanctions.
15 January 08:22
Unemployment in Russia has fallen to a historic low
15:45; 13 September 2024 year
© freepik
The Russian labor market remains tough, despite the fact that unemployment in the country has again updated its historical minimum. Such data was announced by the Central Bank in a press release following the meeting of the Board of Directors on the key rate.
The regulator did not name specific figures on the unemployment rate. It is noted that the labor market continues to have a "significant" shortage of labor resources, the issue is especially acute in the manufacturing industry.
At the same time, despite the slowdown in wage growth in recent months, it still remains elevated and outpaces labor productivity growth. Although consumer activity has slowed down, it still remains high, as it is supported by an increase in household incomes.
