President Vladimir Putin said, the unemployment rate in Russia is at a record low.

President Vladimir Putin said, the unemployment rate in Russia is at a record low.

Europe News Desk!!! President Vladimir Putin has said that the unemployment rate in Russia has come down to a low of 3.6 per cent. The unemployment rate is historically low, even before the pandemic our unemployment rate was 4.7 percent and the latest labor market data is 3.6 percent, Xinhua news agency quoted Putin as saying on Tuesday. Putin said, I think no one expected this. Everyone expected the plants to shut down. They are working. Unemployment rate is going down. There has been a slight increase in income. All this is leading to increase in domestic trade and its volume, which are good signs. He said that the production of crops in the country is at a record high in the history of Russia. The Minister of Agriculture told me two days ago that the harvest is already about 153-155 million metric tons, Putin said. This is the record in the contemporary history of Russia and nothing like this happened in Soviet times.

–IANS

World News Desk!!!

HMA/SKP

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