A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Sunday, March 3, 2024

Putin orders full recovery of Russia’s labour market in 2021

Russian President Vladimir Putin ordered officials to fully restore the country’s labour market, hit by the coronavirus crisis and economic shutdowns, in 2021.

During a federal budget meeting, Putin said around 3 million people were registered as unemployed, which he called a high figure. This week the government said the unemployment rate was seen increasing in June to 6.3%.

So far, the government has used measures such as tax deferrals for businesses and cheap loans for small- and medium-sized companies as a way to prop up the struggling labour market. It was not immediately clear what additional measures might be used to help a recovery.

“The task of fully restoring the labour market should be fulfilled in 2021,” Putin said.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

UAE & Turkmenistan expand Economic ties

Turkmenistan's Berdimuhamedow urges UAE collaboration in gas field development....

Crown Prince Appreciates the World Governments Summit Team

The Crown Prince Appreciates the valuable efforts of the...

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...

UK and Azerbaijan celebrate growing bilateral relations

UK PM Rishi Sunak congratulated President Ilham Aliyev on...

World Government Summit brings Global leaders to Dubai

The pre-summit day of the World Governments Summit (WGS)...

HH Shiekh Mohammed bin Rashid Meets Youth

Sheikh Mohammed bin Rashid Al Maktoum met with Arab...

Shiekh Hamdan Bin Zayed Honors Environmental Achievers

His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s...

Princess Kate shares a Message after meeting HM the King

Prince William and Kate Middleton share a Children's Mental...

HM King of Sweden to visit Europe

King Frederik X of Denmark and Queen Mary will...