Number of jobless in Russia sees a dip: Official | world | Hindustan Times
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Number of jobless in Russia sees a dip: Official

world Updated: Mar 11, 2010 12:24 IST

The number of jobless in Russia has decreased for the first time since October 2009, Deputy Prime Minister Alexander Zhukov said at the Cabinet's visiting session held in the administrative center of the Urals Federal District.

The labor market situation still remains tense, while the crisis is evidently fading away, he said yesterday.

According to him, "Since the beginning of the year till February 24 the number of jobless, officially registered by the employment services, grew by 155,000. But over the last week the figure shrank by nearly 2,700 and amounts to 2.283 million, the deputy prime minister noted.

Recently, the situation has stabilized with partially employed people, idle due to administrative measures or remaining on unpaid leaves. Their number varies around 1.6 millon.

"However, please note that one third of them work at the enterprises of the Urals Federal District, primarily the Chelyabinsk region - 344,500 people," he said.

According to Zhukov, the ratio of labor tension remains rather high in the Urals Federal District as compared to the Russian Federation in general (5.1 vs 3.2).

Zhukov expressed concern over the decreasing number of vacancies, which is clear from the data provided by employment services.

Labor tension is the ratio of job seekers to vacancies.