Experts BCG: the unemployment rate in Russia can grow up to 10%

the unemployment rate in Russia because of the crisis caused by the pandemic coronavirus, can grow from 4.6% to 8-10% in the short term, analysts say The Boston Consulting Group (BCG).

However, it is expected that by the end of 2020, the situation will begin to improve, reports “Interfax” with reference to the company overview on the issue of unemployment.

According to Rosstat, during the period of quarantine in April, the unemployment rate has risen to 5.8% (up to April 2016) from 4.7% in March.

in addition, according to BCG, the reduction of solvent demand of the population in Russia can reach from 2-3 to 9-12% depending on the scale of the crisis.

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