The fourth quarter of 2020 and the first quarter of 2021 have shown improvement in the conditions of the labor market, as measured by a reduction in unemployment and an increase in real wages. These trends...
A lower-than-expected gross domestic product (GDP) contraction in 2020 and a rapid easing of Coronavirus (COVID-19) related restrictions have improved growth momentum, spurring an upgrade in the Russian...
The national poverty rate in Russia has been slowly declining in recent years: from 12.9 percent in 2017, 12.6 percent in 2018 to 12.3 percent in 2019. In May 2018 decree, Russia’s president set up a target...
The unemployment rate has increased noticeably from 4.6 percent in October 2019 to 6.3 percent in October 2020 - the highest in the last eight years. The combination of job losses and lower wages led to...
The national poverty rate in Russia has been slowly declining in recent years: from 12.9 percent in 2017, 12.6 percent in 2018 to 12.3 percent in 2019. In its May 2018 decree, Russia’s president set up...
This brief focuses on the macro poverty outlook for Russia as of October 2020. A less than expected gross domestic product (GDP) contraction in the second quarter of 2020 and an upward revision of the...