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Unemployment in Russia at historically low level of around 3% — PM

5 July 2023 20:05 (UTC+04:00)
Unemployment in Russia at historically low level of around 3% — PM

Unemployment in Russia is at a historically low level and totals slightly over 3%, Prime Minister Mikhail Mishustin said at a meeting with President Vladimir Putin, Azernews reports, citing TASS.

"Regarding the labor market, you are very well aware of the situation here: the historical level of unemployment of 3.1% and 3.2%," he said.

In this context Mishustin noted that Russian authorities tried "to fine tune the reskilling system." "When companies left and dismissal threats arose we created a lot of reskilling programs," he said.

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