The influx of migrant workers in Russia has returned to pre-pandemic levels. The head of the Central Bank Elvira Nabiullina announced this on Friday, December 17, at a press conference.
At the same time, she noted that this is still not enough due to the increased demand in certain industries.
“Due to the fact that the demand in industries with a large share of labor migrants (delivery of goods, construction) has grown significantly during this time, there is still not enough of them,” she explained.
According to her, more and more enterprises are forced to raise salaries in order to retain employees.
“The lack of workers is one of the factors limiting the ability of enterprises to expand production – it is difficult for them to catch up with the growing demand. This indicates an increase in pro-inflationary risks from the labor market, ”said the head of the Central Bank.
She also added that the unemployment rate in October updated its historic low, reaching 3.3%.
“The demand for labor continues to grow – the number of vacancies is noticeably higher than two years ago, by about a third. In many industries there is a shortage of personnel, both specialists and unskilled workers, ”she said.
On October 7, the Russian government adopted a decree on a pilot project on the import of labor migrants from Uzbekistan to work in construction. According to the document, the maximum number of foreign citizens within the framework of the project will be 10 thousand people.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
