Identified regions with the highest unemployment rate

the unemployment rate in Russia (the ratio of unemployed persons to the labour force) in April 2020 was 5.8% for the population aged 15 and older. Such data today leads the Federal service of state statistics.

At the same time Rosstat introduced a quarterly “picture” of unemployment by subjects of the Russian Federation, and the indicators vary considerably in regional terms.

So, the highest unemployment rate in the first quarter of 2020 registered in the Republic of Ingushetia (26,6%), the Republic of North Ossetia — Alania (14,1%), Dagestan Republic (13,9%), Chechnya (13.3%) and Karachay-Cherkessia (13,1%).

At the same time, says the Agency, the top three regions with the lowest unemployment in the reporting period, form the St. Petersburg (1.5 percent), Moscow (1,6%) and Yamalo-Nenets Autonomous Okrug (1,8%).

Rosstat also notes that the labour force aged 15 years and older in April amounted to 74.5 million people, of whom 70.2 per million people were classified as engaged in economic activity, and 4.3 million people — as unemployed under the criteria of the ILO (that is had no work or profitable occupation, looking for work and were ready to start it in surveyed week).

the employment rate (ratio of employed population to the total population aged 15 years and older) in April of this year amounted to 58.1%.

Recall also 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 non-working days entered on 30 March in the framework of 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.

on 2 June Prime Minister Mikhail Mishustin presented to the President a national plan for the recovery of the Russian economy in 2020-2021 years, noting in particular that the cost of the plan will be about 5 trillion rubles.

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