PCP is absent from the session with Zelensky.  Banks encourage European stock exchanges – markets in a minute

PCP is absent from the session with Zelensky. Banks encourage European stock exchanges – markets in a minute

Russia says sanctions have left 50,000 unemployed

The Ministry of Labor and Social Protection said today that about 50,000 Russian workers have lost their jobs and 98,000 have been forced to take vacations due to the impact of international sanctions and the departure of foreign companies.

“According to the latest data, 98 thousand workers are inactive (“compulsory vacation”). In absolute numbers, this is 2.5% higher than the figure recorded on March 1, “said Andrei Pudov, Deputy Minister of Labor and Social Protection of Russia. .

The official TASS news agency reported the data that Pudov transmitted to the lower house of the Russian parliament (Duma) today.

“About the number of people who were dismissed: 50,000,” he added.

Economic restrictions and corporate departures are the result of the international stance against the current Russian military campaign in Ukraine that has been going on since February 24.

Despite layoffs, forced furloughs and short-time jobs, “in early spring, more than 2.5 million people were employed,” Budov said.

“Currently, about 670,000 citizens are registered in employment centers and there are 1.9 million jobs in the database indicating vacancies,” the deputy minister told the State Duma deputies.

Moscow Mayor Sergei Sobiani said, on Tuesday, that about 200,000 people may lose their jobs in the Russian capital due to the closure of foreign companies in the country.

The mayor of the Russian capital also said that about 300 international companies closed their activities in Moscow at the end of March.

Russia launched a military attack on Ukraine on February 24 that killed nearly 2,000 civilians, according to United Nations data, which warns that the real number is likely to be much higher.

The war caused more than 11 million people to flee, more than five million of them to neighboring countries.

The international community in general condemned the Russian invasion, and responded by sending weapons to Ukraine and strengthening economic and political sanctions against Moscow.