Salaries in real terms (adjusted for inflation) in April 2020 fell 2% in annual terms, after rising by 5.9% in March.
This was the first fall in real wages since July, 2016,, it follows from the data of Rosstat.
average Monthly nominal wages in April increased by 1% per annum and amounted to RUB 49 306 But if you compare the April index with March, the salary dropped by 3.5%.
April was announced by Russian President Vladimir Putin a period of days. According to the updated forecast of economic development, the fall in real disposable income will be 3.5% instead of 3.8%, and wages — by 3.6% instead of the previously projected 3.9 percent.
the unemployment rate, according to Rosstat, in may rose to 6.1% from 5.8% in April and 4.7% in March. The total number of unemployed in Russia in may 2020 increased compared with April by 227 000 people and amounted to 4.5 million, According to the Ministry, the unemployment rate will rise from 4.6% in 2019 to 5.7% in 2020, the reduction in the number of employed in the economy is projected at 800,000.
