“Thanks to the actions of the government, business, regions, and trade unions, we have achieved a significant reduction in the unemployment rate. Today it is at record lows, less than 3%. And the dynamics are good,” he said.

Putin emphasized that in 2023, unemployment in Russia fell below 3% for the first time, amounting to 2.9%, and in February of this year it dropped further, to 2.8%.

“At the same time, I would like to emphasize that, taking into account demographic challenges, in the coming years the Russian economy will experience a high need and even a shortage of personnel. This is absolutely certain,” the president added.

At the end of February, Putin announced the launch of a new national project “Personnel” in Russia.