The growth of official unemployment was recorded in seven regions of the Russian Federation

The Ministry of labour and social protection (mintrud) of the Russian Federation presented the latest data on the number of officially registered unemployed in Russia.

During the reporting period from 7 to 14 August 2019 — the increase in the index in seven Russian regions — the republics of Altai and Tatarstan, Chuvash, Chechen and Kabardino-Balkarian republics, Omsk and Vladimir regions, the press service of the Ministry.

In General, the country Ministry of labour has recorded a reduction in the official unemployment rate — by 0.8% to 719,2 thousand.

Recall also that, according to Rosstat estimates, the General unemployment rate in Russia rose in July 2019 to 4.5% after 4.4% in June (from the economically active population). The total number of unemployed in Russia amounted to at the end of July 3,364 million people — the figure has increased by 30 thousand people with data at the end of June.

In June was reduced to the absolute minimum unemployment (4.4 per cent), this figure has never fallen so low in the entire history of observations in Russia (since 1991).

Earlier the audit chamber of the Russian Federation conducted a rapid analysis of the Federal budget execution in January—June 2019 and warned about the factor which can inhibit economic growth in the country.

The Agency stated that in the first 6 months of this year, “continued the downward trend as the number of unemployed and number of employed”. “Reducing the labour force may become a factor limiting economic growth”, — stated in the Appendix to the analytical note of audit chamber.

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