Within the first three months of 2025, Russian corporations lowered the variety of open vacancies by 15% in comparison with the identical interval in 2024, providing a complete of two.3 million jobs.
Supply: The Moscow Instances
Particulars: Knowledge from hh.ru and the Financial institution of Russia present that whereas unemployment stays low (2.4%), demand for employees is declining. The most important discount in vacancies is noticed in human assets administration (-31%), consulting (-26%) and logistics (-25%). Within the fields of science, training and manufacturing, the variety of job affords is rising.
It’s famous that the scarcity of personnel persists in high-tech industries and the defence business.
Consultants attribute this to the excessive key coverage rate of interest of the Central Financial institution (21%), which has elevated the price of loans for companies, and inflation, which forces corporations to index wages. The common wage within the nation elevated by 20% to RUB 77,200 (US$ 812), however companies are reducing workers prices as they face declining earnings.
Background:
- In February, the Russian Small Enterprise Index (RSBI) fell to 51.7 factors, its lowest stage since early 2023.
- Because the starting of the 12 months, the quantity of street freight has fallen by a 3rd in Russia.
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