Real wages in Russia in the current year decreased by 9%


Moscow. On 5 November. The decline in real wages in Russia in 2015 is 8-9%, said labor Minister Maxim Topilin.

“This year, the decline in real wages, unfortunately, is on the order of 8-9%. And now just beginning the recovery process,” he said Thursday at a government meeting. According to Topilin, the decline in real wages is a response of employers to the crisis.

He compared the situation with the crisis of 2008. “The last recession the income of the population was approximately stable. But it was due to the fact that there were enough serious action taken, including on employment programs,” said labor Minister.