More and more employees are being transferred to part-time or week-long work, are being put on idle or are being prepared for dismissal. According to Rostrud, in July, 14.4% of employees worked on a reduced schedule (9.1% in June), 11.1% were idle (8.6% in June), and 20.4% of employees were laid off (16.7% in June). The trend is most noticeable in the industrial regions of Yaroslavl, Moscow, Samara and Ulyanovsk regions, as well as in Tatarstan.
At the same time, salary debts are also growing. In July, they increased by a quarter, reaching 1.7 billion rubles. The FNPR explains this by the high key rate of the Central Bank, which does not allow companies to quickly take out loans for payments.
The automotive industry and mechanical engineering (railway wagons, locomotives, rolling stock, repair depots, companies with products for oil and gas) are most often shifting to part-time employment, followed by production cuts and related industries. Experts suggest that the growth of hidden unemployment may continue for several quarters and directly depends on government support measures and business incentives.
