Only 41% of Russians who have recently lost their jobs due to the coronavirus pandemic will be able to find work again in 2020.
When they write “Vidomosti” Citing the policy of the Center for Advanced Management Decision-Making (CPMD) titled “COVID-19 Unemployment: What Can Administrative Data Tell Me?”, government agencies are not very effective in helping people find jobs. The job center is repositioned as cash payment.
In April 2020, the maximum unemployment benefit was raised from 8,000 rubles to 12,130 rubles, and in May, the lower threshold was raised from 1,500 rubles to 4,500 rubles.
As experts explain, the increase in unemployment benefits has led people to register more and more actively as officially unemployed during the crisis in order to collect money.
The Ministry of Labor has previously stated that the poverty level in Russia has reached 13.5%, or nearly 20 million people. At the same time, since the beginning of the pandemic, the number of registered unemployed persons has increased from 3.5 million to 4.8 million. At the beginning of the pandemic, the unemployment rate was 4.7%, and it is now 6.4%.