Official unemployment may double in Russia

The percentage of Russians officially registered as unemployed after applying to the state employment services may double to 1.9% by 2022, according to the statistics cited in the notes on the draft federal budget for the next three years.

In September 2019, the Ministry of Labor estimated the official unemployment rate at 0.9%. At the same time, the government does not see any threat of real unemployment going up.

At present, only every fifth unemployed person uses the services of official employment centers. The authorities expect this situation to change in 2019–2022, and that more than 40% of people looking for a job will apply to the employment centers – mainly because the centers will improve their performance through digitalization. Pilot projects to optimize the work of state labor exchanges are already underway in several regions.

At the beginning of 2019, the Russian Academy of Sciences predicted a 5 % rise in unemployment.

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