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Putin declared the lowest unemployment rate in Russian history

Putin declared the lowest unemployment rate in Russian history
Photo by: kremlin.ru

Russian President Vladimir Putin, speaking at a plenary meeting of the Russia Calling! Investment forum, said the country's unemployment rate was low. According to him, it has reached the lowest value in modern history.

On average, in January-September, unemployment in Russia amounted to 4,6% of the economically active population. According to the president, this is the lowest value in the modern history of the country.

Putin also said that, despite the slowdown in global growth, positive economic dynamics continued in Russia. Last year, GDP growth amounted to 2,3%, and for the three quarters of this year - 1,1%. According to the Ministry of Economic Development, a certain acceleration of growth has been noted since the second half of the year.