Unemployment rates top 870,000 in Russia, may grow by 650,000 in 2015

Some 873,000 Russians are currently unemployed and their numbers may grow by another 650,000 this year, in the opinion of Federation Council Social Policy Committee Chairman Valery Ryazansky.

Some 873,000 Russians are currently unemployed and their numbers may grow by another 650,000 this year, in the opinion of Federation Council Social Policy Committee Chairman Valery Ryazansky.

"For now, the number of vacancies exceeds the number of people registered at job centers; there are 873,000 unemployed. Their number may grow another 600,000 to 650,000 during this year," Ryazansky said, adding that redundancy dismissals of "white-collar workers" were most probable.

He suggested that in connection with this news, regional authorities should draw up their own contingency plans.

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