Unemployment rate reaches two million
Published: 14 April, 2009, 18:13
TAGS: Russia, Crisis Chronicle, Economy
The official number of unemployed in Russia has surpassed two million, and most major Russian industries have been unable to escape the global economic downturn.
Russian President Dmitry Medvedev has held a meeting with an expert panel to discuss possible solutions.
Analysts estimate around nine million, roughly 12% of Russia's workforce, will be laid off by the end of the year. The government says it is doing its best to tackle the situation.
“There is a whole complex of anti-crisis undertakings that is being implemented by the government of the Russian Federation with a view to supporting some or other branches of the economy,” said Tatiana Golikova, Russia’s Minister of Health Care and Social Development, in an exclusive interview with RT.
14.04.2009, 17:35
Kabardino-Balkaria – a gorge-ous Caucasian republicA country of snowy peaks, difficult gorges and picturesque valleys, the Republic of Kabardino-Balkaria is a mecca for alpine skiers and snowboarders, and a strong economic center of the North Caucasus. |
14.04.2009, 20:03
N. Korea’s rocket launch: the plot thickensNorth Korea says it will boycott six-party UN talks on its nuclear programme and will restart its nuclear power plant. The news comes just hours after the UN Security Council condemned Pyongyang’s recent rocket launch. |
