According to Rosstat, the unemployment rate in the Russian Federation reached 3% in July 2023, updating its historical low. This has been reported area Services.
The report states that in July, 2.3 million people aged 15 and over in Russia were classified as unemployed.
The previous minimum level was recorded in June when unemployment was 3.1%. And if in June the total number of unemployed was 2.351 million people, then in July it was already 2.276 million people.
Before that, Andrey Klepach, Chief Economist of the State Development Corporation VEB.RF declarationIn Russia, this figure is expected to be around 3.3% by the end of 2023. According to him, a strong increase in industrial production will lead to a decrease in unemployment.
According to him, a strong increase in industrial production will lead to a decrease in unemployment. For example, working hands are needed on construction sites and this is not enough.
He added that the problem of labor shortages in Russia cannot be resolved quickly because it takes time to train workers.
Previously, the Central Bank of the Russian Federation harshly raised up to 12% key rate in an unscheduled meeting.