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Russia's Job Market: Surging CVs Amid Labor Shortages

7/22/2025

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Summary

Story summary

In Russia, the job market is facing a paradox: job vacancies are dwindling while the number of CV submissions skyrockets, averaging 5.5 per position. Despite this surge, sectors like retail and healthcare are grappling with labor shortages. Unemployment may see a slight uptick but is projected to stabilize at 2.2%, with wage growth flourishing in agriculture and construction.

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Story summary

In Russia, the job market is facing a paradox: job vacancies are dwindling while the number of CV submissions skyrockets, averaging 5.5 per position. Despite this surge, sectors like retail and healthcare are grappling with labor shortages. Unemployment may see a slight uptick but is projected to stabilize at 2.2%, with wage growth flourishing in agriculture and construction.