Russia's economy shows no signs of recession, and the labor market is gradually recovering.

【Governor of the Central Bank of Russia: There are no signs of economic recession in the country, and the labor market situation is improving】

Moscow time October 30, 2025, when Governor of the Central Bank of Russia Elvira Nabiullina delivered a speech at the State Duma of the Russian Federation, she said:

In an economic recession, two things are inevitable - a sharp rise in the unemployment rate, followed by a decline in wages. Our current unemployment rate remains low, and wages have not declined. There are initial signs of easing in the labor market situation now. Indeed, this is encouraging, but so far they are only the first ones.

Original: www.toutiao.com/article/1847402534437959/

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