Russian Labor Market : Adaptation Time

Results of the December wave of monitoring of the social status and behavior of the population (telephone survey) do not demonstrate any deterioration at the Russian labor market. Despite the pandemic challenging situation, respondents note a slight increase in wages and salaries; the share of those working remotely from home is still high for Russia; the number of unemployed explaining job loss due to the pandemic remains relatively low. However, there are no signs of a noticeable recovery compared to the September monitoring wave. Rather, this can refer to adaptation to the prevailing external circumstances