Russia's jobless rate remains at a historic low due to a labor crunch; however, hidden unemployment is rising as firms reduce hours and lay off staff. President Putin has recognized this trend, stating that workers are experiencing "downtime," being employed but not actively working. Official statistics indicate a sharp increase in those affected by hidden unemployment, from 98,000 at the start of 2025 to 199,000 by August. Various sectors, including automotive and retail, are seeing reductions in workforce and adjustments to part-time schedules due to economic pressures.
"Hidden unemployment is growing, meaning that some workers are in the so-called downtime, employed part-time, or are at risk of being laid off," Putin said.
Official figures show the trend accelerating: 98,000 people were classified as falling into the three categories at the start of 2025. That number climbed to 153,000 by late June, and hit 199,000 as of August 8."},{
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