Unemployment continues to grow in Russia

According to Rosstat, as of April 2020, there are about 4.3 million unemployed in Russia (1.9 million applied for unemployment benefits). This figure is 21% higher than the same period in 2019.

Unemployment rates continue to grow
Unemployment rates continue to grow

Also in Russia there is an increase in wage arrears. As of May 1, 2020, the amount of debts to employees is 2 billion 209 million rubles. It is noteworthy that 29% of the total debt falls on the debts of 2019 and 36.9% -for 2018.

The economic crisis in Russia continues to gain momentum and more workers are losing money and work. Not everything is so good for those who were able to save their jobs. As a rule, they only had their salary, while others were gradually transferred to a four-day working week. Many see the main problem in the lockdown, which is associated with the spread of the COVID-19 virus. The situation with the virus in Russia is bad, however, in many regions the lockdown regime is weakening and people are hoping to recover at their previous jobs.

According to the daily growth of infected people, it can be understood that the virus is not defeated, and the authorities are taking such actions in order to slightly improve the economic situation of citizens. That is, the authorities go for a direct risk of infecting more people? Or is the virus not as scary as they say and they hide something from us?

The truth is that power is repelled solely from one main goal – the preservation and increase of capital. Further isolation will only exacerbate the crisis, and competitors from other countries are beginning to emerge from the lockdown mode.

Coronavirus did not cause the economic crisis, and the best that the authorities can do is slow down the growth of unemployment. At the same time, the number of detected infections and deaths will increase. Unemployment is an integral feature of capitalism, generated by the division of social production into separate private constituent parts and particles that work in the personal, private interests of the owner. To destroy unemployment, you have to destroy capitalism.

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