Russian workers face new reality as Ukraine war sanctions sap job prospects

The number of people looking for jobs rose by nearly a tenth in the week to April 10 compared with the week before February 24, online recruitment platform HeadHunter said. The number of job openings fell by more than a quarter.

Overall, 2.6 million people may fall below Russia’s official poverty line this year, the World Bank estimates. A massive, energy-fueled balance of payments surplus – estimated by a Reuters poll to nearly double this year to $233 billion – may allow authorities to maintain unemployment benefits. There are some Russia-specific factors that possibly capped unemployment below 6.5% during the COVID-19 crisis, while Western economies suffered double-digit rises.Also, Russia’s demographics – its share of people aged over 65 is almost double the global 9% average, according to the World Bank – means jobs, especially unskilled ones, were increasingly filled by workers from neighboring countries.

Grbe. Prng timng din c putin. I heard prng gus2 nmn trgetin ang finland and sweden dhil ngbblak n cla mag p member s NATO. Wla lng, di q kc maintindihn kng ano b kinktkot nya eh ang lki lki ng russia. Cguro mhina ang army forces nya haha

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