City
Epaper

Russia's unemployment rate drops to record low: Putin

By IANS | Updated: March 15, 2023 09:55 IST

Moscow, March 15 Russia's unemployment rate has dropped to a historic low of 3.6 per cent, President Vladimir ...

Open in App

Moscow, March 15 Russia's unemployment rate has dropped to a historic low of 3.6 per cent, President Vladimir Putin said.

"The unemployment rate was at a historic low, even before the pandemic, our unemployment rate was 4.7 per cent, and the latest labour market data (shows) it is 3.6 percent," Xinhua news agency quoted Putin as saying on Tuesday.

"I think nobody expected that. Everyone expected that plants will stop. They are functioning. The unemployment rate goes down. Incomes have a slight uptick. All that leads to growth of domestic trade and its volumes. This is a very good indicator," Putin added.

On a positive note, he said that harvest in the country was a record high in the history of Russia.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: RussiaVladimir PutinXinhuaMoscowRussian parliamentPakistan russiaVladimir vladimirovich putinMoskvaRus
Open in App

Related Stories

InternationalIran-Israel Conflict: Israel Attacks Iran's Sole Nuclear Power Plant in Bushehr; Tensions Escalate

InternationalRussia-Ukraine War: 41 Fighter Jets Destroyed as Ukrainian Drone Strikes Set Russian Airbases on Fire

InternationalOperation Spiderweb: Ukraine Launches Largest Drone Attack on Russia, Destroys Over 40 Fighter Jets (Watch Video)

InternationalRussia-Ukraine War: At Least 600 North Korean Soldiers Killed While Fighting for Russia

MaharashtraMaharashtra-Russia to Jointly Develop Thorium Reactors

Politics Realted Stories

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala

MaharashtraNCP Leader Suraj Chavan Shares Alleged Black Magic Video of Shiv Sena Leader Bharat Gogawle Amid Row Over Raigad Guardian Post

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis

Maharashtra'Remembered the Advice My Mother Gave Me': Supriya Sule On Her WhatsApp Status