Increasing unemployment in Nenets Autonomous Okrug
According to data from employment authorities in the Nenets AO, unemployment in the region has increased 25 percent over the last months.
A total of 741 people are now officially registered as unemployed, which is 3,3 percent of the work force. Of them 528 from the countryside. The economical crisis affects the okrug’s economy where oil production in dominant. Oil producing enterprises working in the okrug are cutting their investment programs, particularly in construction. The Naryanmarneftegaz company and the Eurasia Drilling Company in Naryan-Mar are planning staff reduction. The branch of the Eurasia Drilling Company in Naryan-Mar is going to fire 1000 because of reduced field operations. This is very essential number for the okrug with 42 thousand population. Also the Naryan-Mar Aviation United Group is in a difficult situation, which is caused by the lower activity level of the oil industry. BarentsObserver Naryan-Mar
