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The unemployment rate in Moscow fell to the lowest level since April 2020

Unemployment
© Kirill Zykov / Moskva Agency

The unemployment rate in the capital by November 1 was 0.42%. This figure has been the lowest this year. Previously, a similar level was recorded in April 2020.

About this on Monday, November 7, reported in the complex of economic policy and property and land relations of Moscow. The department’s website notes that the labor market in the capital remains stable.

According to Deputy Mayor for Economic Policy and Property and Land Relations Vladimir Yefimov, now 30.6 thousand unemployed citizens are registered at the capital’s labor exchange. This is 16.2% less than at the beginning of the year.

Now the united bank of vacancies in Moscow has more than 400 thousand positions for those who are looking for a job. The database of vacancies has recently been significantly expanded. “First of all, when expanding the base, the emphasis was placed on increasing the number of vacancies for blue-collar workers,” added Yevhen Struzhak, head of the department of labor and social protection of the population. He specified that they were mechanics, plumbers, electricians and similar specialists.

In October, the Russian Ministry of Labor reported that a serious increase unemployment rate in 2023 is not predicted. According to the head of the department, now the rate of registered unemployment is 0.8, and the number of unemployed in employment centers has fluctuated around 600,000 over the past few months.

Also, the Ministry of Labor of the Russian Federation indicated that domestic employers are experiencing a significant shortage of personnel. Wherein unemployment rate the country as a whole is at a historically low level.

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