Russia economy meltdown as Putin hit by huge staff recruitment freeze | World | News
Vladimir Putin and his country’s struggling economy fell more than 50% in another coup in another coup. A new survey conducted by Robota.ru and Sberpodbor business sites through more than 300 professionals throughout Russia showed that only one -fourth of the participants planned to expand from September – a decline greater than 56% at the end of last year.
The survey, supported by Russia’s largest lending Sberbank, revealed that approximately 12% of Russian companies planned to dismiss this autumn and plans to get four percent points compared to last year. Approximately two -thirds of the companies were waiting for a stable number. Alexander Vetterkov, CEO of Rabota.ru CEO and Sberpodbor’s CEO, “Sunday, is going through a correction and ‘cooling’ stage.”
Vetterkov said that construction and finance may be the first industries to experience cuts because the increasing borrowing costs reduce consumer demand.
“Urban construction has shown that urban construction has suffered the most of the shortage of personnel. According to Russian experts, there will be no one to build a house in Russia within five to seven years,” the center (CDD) against the disinformation in accordance with the National Security and Defense Council of Ukraine.
On the other hand, sectors such as import substitution, state -supported industrial production, defense industry, pharmaceuticals and cyber security protect and even expand.
“The biggest demand and the most competitive salary offers are now intensifying in developing IT sector, manufacturing and industry, logistics and customer experience.”
Unemployment in Russia has fallen to break the low record, and some sectors are experiencing labor shortage after hundreds of thousands of Russian men abandoned civilian affairs to fight in Ukraine. However, the economy begins to slow down due to rising interest rates, and Sberbank CEO German Graf warned that the country may face recession unless the rates were significantly decreased significantly.
“The second quarter can be considered as technical stagnation,” Graf said in an economic forum last week. He said. “July and August show very clear signs that we are approaching zero (economic growth).”
When asked if he agreed with Gref, Putin said, “No. He knows, we’re in constant contact with him. He joins most of our meetings, including the government and the Central Bank, including what happened with me.”
