Regions get 43 billion RUB in employment aid

The Russian government has allocated an additional 43,7 billion RUB (1 billion EUR) to the regions in a bid to stagger problems with increasing unemployment.

Russia today officially has 1,454 million unemployed, which is up four percent from November. Another 270,000 people have been told that they will lose their jobs in January-February, Rosbaltnord.ru reports. In its bid to support the unemployed the federal government last week introduced amendments in the Law on employment. In addition, 43.7 billion RUB more is allocated to measures in the regions. The regions are now told to elaborate regional programmes on employment support by January 15, after which they will be allowed to apply for the additional federal money.

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