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Russia's Unemployment Rate At Historic Low Of 3.6% - Putin

Faizan Hashmi Published March 14, 2023 | 09:39 PM

Russia's Unemployment Rate at Historic Low of 3.6% - Putin

UDE, Russia, March 14 (Sputnik) Russia's unemployment is at a historically low level of 3.6%, Russian President Vladimir Putin said on Tuesday

ULAN-UDE (UrduPoint News / Sputnik - 14th March, 2023) UDE, Russia, March 14 (Sputnik) Russia's unemployment is at a historically low level of 3.6%, Russian President Vladimir Putin said on Tuesday.

"Unemployment rate turned out to be at a historically low level, even before the COVID-19 pandemic, our unemployment was 4.

7%, and the latest information on the labor market shows that it is at 3.6%," Putin said during a speech at the Ulan-Ude Aviation Plant.

Everyone expected that Russia's companies would stop working, but they are functioning, and the unemployment rate is decreasing, the president added.

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