OREANDA-NEWS  Labor market tensions are gradually decreasing in Russia. This is reported in the "Summary of the key rate discussion" published by the regulator.

The Central Bank stated that the unemployment rate in the country remains historically minimal and may remain low for a long time in the context of a structural shortage of labor and the redistribution of labor resources between enterprises.

At the same time, the Bank of Russia referred to the results of surveys, which indicate a weakening of the shortage of personnel. The corresponding indicator fell to the lowest values since mid-2023. In addition, the number of vacancies is also decreasing. And although nominal salaries, as before, are increasing faster than labor productivity, the dynamics of their growth has become lower compared to what was observed in 2023-2024. The companies' plans to index salaries in 2026 also turned out to be more moderate.

By the end of 2025, the demand for new workers in Russia has seriously weakened. In December, employers reported 1.469 million open vacancies to the state employment services. A year earlier, the corresponding figure was 13 percent higher. According to Superjob, in 2025, the number of vacancies in Russia decreased by 12 percent compared to the year before last.