“Problems persist with underemployment in some regions and industries, as well as with low wages.

Especially in those regions and cities where problematic sectors of the economy are concentrated,” he said.

The President instructed the government, together with the subjects of the federation, to work out the issue and correct the situation.

“We have all the possibilities for this.

We need to stimulate employment and the growth of wages, real wages,” Putin stressed.

Earlier it was reported that the Ministry of Labor of Russia will index by 11.9% from February 1 more than 40 payments, benefits and compensations, as well as increase the amount of maternity capital.

Prior to this, Putin signed a law on the indexation of the minimum wage (minimum wage) to 16,242 rubles from January 1, 2023.