City Hall: Moscow becomes leader among G20 megacities in terms of employment in 2022
MOSCOW, September 19 – RIA Novosti. Vladimir Efimov, Moscow’s deputy mayor responsible for economic policy, said the unemployment rate in the capital for 2022, calculated according to the International Labor Organization’s methodology, is 2.2 percent – the lowest figure among the largest cities of the G20 countries. and property and land relations.
“According to the ILO methodology, unemployment in Moscow fell to 2.2 percent at the end of 2022, after 2.6 percent in 2021. Thanks to this, the Russian capital is the leader in the lowest unemployment rate among megacities for the third year in a row. G20 countries” are quoted on the website of the economic policy and property and land relations complex.
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He also noted that the labor market in Moscow remains stable due to the development of industry and high-tech enterprises and the creation of production facilities for import substitution.
“Existing companies in the capital are expanding their activities and new ones are appearing that attract workers. This stimulates the development of relevant sectors of the economy, creates balance in the labor market and helps reduce unemployment,” Efimov added.
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Source: Ria
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