“consider the situation serious enough for the labour market of the Russian Federation. But don’t call it catastrophic, said Minister in the First channel. – Today the figure is above the number of registered unemployed, it has reached 1.6 million people.”
According to the Ministry, the figure could rise to 2.5 million, but compared with other countries is not very high.
“our assessment is that we are moving according to the script… 2.5 million registered unemployed, said Katkov. – For Russia, this number is small given the analysis of the experience of other countries where the unemployment rate is higher. The preconditions for a social explosion I don’t see there has been some tension expressed in the dissatisfaction of citizens with respect to quarantine measures need to be home, but we see stabilization from the point of view of the number of infected.”