In Russia, many enterprises have begun to cut costs, including on the salaries of employees. One of the main experts on the labor market in the Russian Federation, Professor Alexander Safonov, in his recent interview, predicted an approaching peak in layoffs and unemployment.

“While employers are thinking about the final size of their team and who exactly they will have to cut,” he said.

“Today, unemployment officially registered by the Employment Service is at the level of 697 thousand people, which is lower than the level of the beginning of the pandemic in 2020. But I repeat once again: this is a crafty figure that does not reflect the complexity of the problem... We must be prepared for a gradual increase in unemployment, ”he added.

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Earlier it was reported that analysts believe that there are three scenarios for the collapse of the Russian economy due to sanctions..

Also, S\u0026P analysts gave 10 years to restore the Russian economy to the level of 2021. The company predicts a contraction of GDP this year by 11.1%. They predict that by 2023 the fall will slow down to 1.9%, and in a year - to 1.6%. But by 2026, the aggressor's GDP will again increase by 1.9%.