Russia » Economics
Author`s name Alex Naumov

Unemployment in Russia reaches alarming level - Comments

The number of officially registered jobless in Russia has reached 2.2 million, President Dmitry Medvedev said at a meeting with experts at the Institute of Modern Development. Employment issues and struggle with unemployment was in focus. Fears that unemployment and falling living standards could trigger social unrest in the country, which has seen a decade of resurgence on the back of a strong economic boom, is the worst nightmare for the Kremlin at a time of global crisis.

Show more