The Ministry has told, when to expect peak unemployment

the Ministry of labour and social protection of the Russian Federation predicts the peak in the number of unemployed in Russia for the III quarter of 2020. This was stated by labor Minister Anton Kotkov.

According to him, the authorities expect a “stabilization” in the labour market only “in the fourth quarter.” “A positive trend we expect to see in the first and second quarter of 2021”, — quotes “Interfax” the Minister.

He also said that currently, about 5.6 million of Russians work in remote mode.

“To date, more than 10% of working citizens, or approximately 5 million 600 thousand of our citizens, continue to work remotely,” said Katkov.

Moreover, he said, “a number of organizations and staff would like to continue working in this format after the lifting of restrictive measures” by the coronavirus.

“Accordingly, the proposed Labour code to consolidate concepts such as “remote” and “combined employment”,” — declared the Minister.

Earlier today, the Moscow city Duma approved a legislative initiative, allowing to consolidate the labour code the possibility of working remotely. Now this initiative will be forwarded for consideration to the state Duma.

Recall, on the eve was published the data of Rosstat, according to which the number of unemployed in Russia is calculated according to ILO methodology, increased in April to 4.3 million vs. 3.4 million in March. The increase in the number of unemployed in April 2020 in annual terms (i.e. by April 2019) amounted to 21%, as compared to March 2020 and 23.4%.

From this it follows that the unemployment rate in April was 5.8% of the labour force. This is the highest figure since April of 2016.

Earlier, Deputy Prime Minister of the Russian Federation Tatyana Golikova has informed that in Russia there are 1 million 665 thousand officially registered unemployed.

However, the results of the survey “Levada-center” held in athe charm, a quarter of Russians (25%) experienced delayed payments of wages and redundancies (26%). Almost a third of respondents (32%), in the family which is involved, replied that they personally or their family members have already touched upon the problem of reducing wages.

let’s Add that the Russian economy in February—March 2020 was under the powerful impact of two negative factors — the rapid spread of the pandemic coronavirus infection COVID-19 and its deleterious effect on the global economy and collapse in oil prices. Against this background, the rouble significantly depreciated against the dollar and the Euro. Reacting to the situation, the government and the Bank of Russia adopted several packages of measures to support the economy and citizens.

may 11, Russian President Vladimir Putin announced the end of may 12, a single period of days off, entered March 30, in the fight against COVID-19. He also announced the beginning of implementation of the third package of anti-crisis measures, under which the state, in particular, will increase targeted support for families with children, small businesses, individual entrepreneurs and self-employed. In addition, Putin instructed the government to prepare a national plan for long-term development of the economy, the recovery in employment and incomes.

on 27 may, the Minister of economic development (MED) of the Russian Federation Maxim Reshetnikov said that the total cost of anti-crisis measures to support the Russian economy, aimed at combating the impact of the pandemic coronavirus has reached 3.3 trillion rubles.

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