Unemployment in Moscow

Unemployment in Russia

Main article: Unemployment in Russia

2022

23% decrease in the number of unemployed

The number of unemployed Muscovites in 2022 decreased by 23% compared to 2021. This was announced on January 24, 2023 by the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov.

According to him, by January 1, 2023, 28.1 thousand unemployed were registered in Moscow, which is a record low over the past few years, and the unemployment rate fell to 0.39% (the minimum value since February 2020). There are 14 job offers per candidate in Moscow.

The number of unemployed Muscovites in 2022 decreased by 23%

According to the Department of Economic Policy and Development of the city of Moscow, in January-December 2022, the largest difference between the number of hired and dismissed people was recorded in the field of computer and software development - 24.7 thousand people. In the research and development industry, 10.7 thousand more employees were employed than laid off, in the housing and utilities sector - 5.3 thousand, in the field of repair and installation of machines and equipment - 3.4 thousand, in the production of computers, electronics, optics - 2.7 thousand.

The Moscow mayor's office notes that despite the sanctions and the departure of a number of large foreign companies, the labor market in the capital remained stable. This was ensured by a balanced employment policy, measures to support enterprises and businesses, as well as an active program to replace products of foreign brands with goods from manufacturers from Russia and friendly countries, the mayor's office said.

In the aggregated database of the employment service, about 400 thousand current vacancies from employers from various fields. The recruitment of personnel is especially active in the industrial industry, which in 2022 set a trend for representatives of workers and engineering and technical specialties, - said Alexandra Alexandrova, First Deputy Head of the Moscow Department of Labor and Social Protection of the Population.[1]

Unemployment rate of just 0.4%

Since the beginning of 2022, the number of unemployed in Moscow has decreased by more than 20%. As of December 6, the unemployment rate was 0.4%, the lowest since March 2020.

Moscow topped the ranking of G20 cities with the lowest unemployment rate

Moscow topped the ranking of the largest G20 cities with the lowest unemployment rate. Maria Bagreeva, head of the department of economic policy and development of the capital, spoke about this at the end of August 2022.

The rating was compiled by the Moscow Analytical Center to compare the unemployment rate in various countries and cities using the methodology of the International Labor Organization (ILO). The list includes Moscow and 20 other cities from the G20 countries, comparable to it in terms of population, size and structure of the economy.

Moscow topped the ranking of G20 cities with the lowest unemployment rate

The remaining places in the top five were taken by:

• Tokyo, in which ILO unemployment for the six months was 2.8%;
• Sydney - 3.2%;
• New York - 4.4%;
• Riyadh - 4.5%.

The highest unemployment rate was recorded in cities Brazil - above 10%. Almost all G-20 megacities in 2021 - the first six months of 2022 year showed a consistent recovery in the labor market after the peaks of unemployment during the pandemic, and in coronavirus some cities it almost halved.

Stabilization of the situation on the Moscow labor market is the result of the systematic work of the city authorities to develop entrepreneurship and investment, effective measures to support the economy. More than 80 regional anti-crisis solutions are being implemented in the capital. In particular, a program has been launched to support citizens who have lost their jobs or are at risk of dismissal. Taking into account subsidies from the federal budget, almost 3.4 billion rubles have been allocated for it, - said Bagreeva.

According to him, in January - June 2022, unemployment in Moscow, calculated according to the ILO method, amounted to 2.2%. The indicator returned to the levels of the first half of 2020, which indicates the recovery of the capital's economy after the pandemic and its high resilience to the crisis caused by sanctions.^[2]

2021-2022: Unemployment in Moscow has tripled

The level of officially registered unemployment in Moscow as of January 1, 2021 was 1.32%, and a year later the figure fell to 0.46%. This was announced on February 1, 2022 by the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov.

According to him, unemployment in the Russian capital has been consistently declining since October 2020, when a peak of 3.03% was recorded. By the beginning of 2022, there were 33.6 thousand officially registered unemployed in Moscow.

Unemployment in Moscow has tripled over the year

The Moscow economy has a large margin of safety, therefore, against the background of a new, "winter" wave of the pandemic, we do not expect changes in the downward trend of this indicator, - said Efimov.

Data from the HeadHunter portal indicate that in the capital's skilled labor market, the level of tension at the end of 2021 decreased by 41% compared to December 2020. This indicator is the ratio of the number of resumes and vacancies published on the job search site. By December 2019, values ​ ​ fell by 45%, indicated on the website of the mayor of Moscow.

According to the head of the Department of Economic Policy and Development of the city of Moscow, Kirill Purtov, by the beginning of 2022, the level of tension is 5.1 resumes for a vacancy (the indicator remains from January 2019), while the peak fell on May 2020, when it was 17.2.

According to the portal "Work in Russia," the number of employees hired for the period from April 2020 to December 2021 exceeded the number of dismissed by 584 thousand people. The maximum excess of those accepted over those dismissed for the entire time since the beginning of the pandemic was recorded in the field of software development - 82.1 thousand people, wholesale trade - 73.1 thousand. people, construction - 66.9 thousand people, healthcare - 57.7 thousand people, retail - 47.3 thousand people.^[3]

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