According to the last year’s data, 35% of employed Moscow residents are under 35 years old, the Moscow Government press release says quoting Vladimir Yefimov, Moscow Deputy Mayor for Economic Policy and Land and Property Relations.
Most young employees – 53% – work in hotels and food and drink venues; 48% of young experts work in IT and communications, 43% in finance and insuring and 40% in trade and car repair, Vladimir Yefimov said.
Approximately one third of employees in the construction, transport, research and engineering sectors are under 35. Even in healthcare, young people take up a quarter of all workers.
The salaries of young experts in Moscow have increased by 43.6% over the past four years. Medicine and social services show the biggest growth – the salaries there grew by 64.3%. The salaries of young experts in IT, communications and finance have grown by 150%.
At the same time, the salaries of young people are not much lower than those of other workers. Young experts employed in healthcare, water supply and administration earn 10% less than their older colleagues. In sports, culture and leisure, the salaries of young people are only 4% lower that the sector’s average, said Kirill Purtov, Moscow Government Minister and Head of the Department for Economic Policy and Urban Development.