Russia’s unemployment rate hit 6.1% in May


Russian Labour Minister Anton Kotyakov said on Wednesday, that Russia’s unemployment rate stood at 6.1% in May, an increase from 5.8% recorded in April by the state statistics service.

Speaking at a conference run by the Russian Union of Industrialists and Entrepreneurs, Kotyakov said the domestic labour market had made it through the peak of the coronavirus pandemic better than a number of other countries.

He said the domestic labour market was expected to begin its recovery in the fourth quarter.
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