Russia Posts Record Layoffs in 2021
Mind-virus leadership will do that
Editor’s note: There has only ever been a bigger jobs deficit in Q4 of 2015 due to oil price collapse and Obama’s financial warfare offensive, and in Q2 of 2020 also due to mind virus fanaticism.
Machine translated from Russian.
In the second quarter of 2021, 2.66 million people from medium and large companies resigned in Russia, which is a record figure for the last nine years. This is reported in the study of the audit and consulting company FinExpertiza
So, the Ivanovo region became the absolute leader with the most noticeable imbalance – there are 44.4% more layoffs than jobs. In second place was the Ulyanovsk region, where layoffs are 43.8% more than jobs. Chuvashia closes the top three with an indicator of 38.9%. At the same time, in two regions – Moscow and Chechnya, the rates of dismissal and hiring were equal, and in nine subjects, the number of people hired was higher.
However, the largest number of layoffs was last observed only in the third quarter of 2019 – then, for various reasons, more than 2.76 million Russians quit. [But then more people were hired.]
In the country as a whole, in the second quarter of 2021, there were 13.3% more employees of large and medium-sized enterprises who left their jobs than those who were hired.
The situation was worse only in the second quarter of 2020, and before that – in the fourth quarter of the crisis 2015.
A significant increase in layoffs occurred in industries affected by the [insane government response to the] pandemic, such as hospitality, public services, culture and entertainment, education, and textiles.