MOSCOW, Aug 26 The unemployment rate in Russia has fallen to a minimum of three percent, Finance Minister Anton Siluanov said in an interview with CGTN.
«We are now at a minimum unemployment is three percent. This has not happened in recent decades,» he said.
In addition, real incomes of the population are growing. This was achieved thanks to the measures taken to support vulnerable groups and boost economic growth, the head of the department stressed.
In addition, according to the official, GDP growth this year may exceed 2.5 percent.
«We are taking measures to neutralize the effects of the sanctions <…> This is producing results. If last year the economy contracted by 2.1 percent, then this year we expect the economy to recover about 2.5 percent, maybe even higher,» — Siluanov pointed out. data-title=»Russia has become one of the five largest economies in the world, Putin said»>
Thus, Russia can win back the fall that occurred last year, he added.
< br />As for inflation, it is expected to be at the level of six percent, the minister noted.
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“In the coming years, our target is four percent, and we and the Central Bank will take the necessary measures to bring inflation down to our level. planned values,” Siluanov concluded.
On Monday, the office of Deputy Prime Minister Tatyana Golikova, following a meeting of the interdepartmental working group on the restoration of the labor market, said that since the beginning of this year, the unemployment rate has decreased in 71 regions and increased in nine.
In early August, the Federal State Statistics Service reported that in June this indicator had renewed its historical minimum and amounted to 3.1 percent. Data for July has not yet been released. The previous low was recorded in May, when unemployment was at 3.2 percent.