Russian businesses stop hiring new employees en masse
www.pravda.com.ua
Mon, 24 Mar 2025 11:21:16 +0200

In the first three months of 2025, Russian companies reduced the number of open vacancies by 15 compared to the same period in 2024, offering a total of 2.3 million jobs.
Source The Moscow Times Details Data from hh.ru and the Bank of Russia show that while unemployment remains low 2.4, demand for workers is declining.
The largest reduction in vacancies is observed in human resources management 31, consulting 26 and logistics 25.
In the fields of science, education and production, the number of job offers is growing.
It is noted that the shortage of personnel persists in hightech industries and the defence industry.
Experts attribute this to the high key policy interest rate of the Central Bank 21, which has increased the cost of loans for businesses, and inflation, which forces companies to index wages.
The average salary in the country increased by 20 to RUB 77,200 US 812, but businesses are cutting staff costs as they face declining profits.
Background In February, the Russian Small Business Index RSBI fell to 51.7 points, its lowest level since early 2023.
Since the beginning of the year, the volume of road freight has fallen by a third in Russia.
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