The labor market is changing: job vacancies are 12% lower than in January 2025.
Beginning of the January job rise
According to The Sun: Today marks the start of the traditional January rise in the labor market, but this year the situation looks different. The number of vacancies has decreased by 12 percent compared to January 2025. There are currently about 723,000 jobs available, yet the number of open vacancies has fallen below the level observed before the pandemic.
Increase in unemployment rate
Meanwhile, the unemployment rate has slightly risen to five percent.
The reduction in the number of vacancies and the increase in the unemployment rate indicate that the situation in the labor market is becoming more complicated. This may be caused by both economic factors and changes in the demand for professions after the pandemic. It is important to monitor further changes and adapt to the new conditions.
Read also
- Russia’s Oil and Gas Revenue Set to Surge by 60%—Here’s What’s Driving the Jump
- IMF Disburses $690 Million Second Tranche to Ukraine: Where the Funds Are Going
- Russia’s Budget Deficit Could Hit 7 Trillion Rubles—What Are the Default Risks?
- Expert Sets Critical Threshold: 60% of Russia's Oil Refining Capacity Must Be Destroyed
- Russia Faces Imminent Fuel Crisis: Why Refinery Recovery Is Nearly Impossible, Expert Warns
- Economist identifies Russia's point of no return: why it can never reclaim its place among global economic leaders

