Despite an exceptionally tight labor market in Russia, wage growth has slowed, further indicating that the wartime economy is cooling down. Analysis shows that wages for newly hired workers in Russia rose by only 6.9% year-on-year in November, signif

2025-12-23

Despite an exceptionally tight labor market in Russia, wage growth has slowed, further indicating that the wartime economy is cooling down. Analysis shows that wages for newly hired workers in Russia rose by only 6.9% year-on-year in November, significantly lower than the 18.9% increase in January.