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Companies in the Russian Federation will receive subsidies for employment of the unemployed

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Companies in the Russian Federation will receive subsidies for employment of the unemployed

The Russian government has developed additional measures to increase employment, which include subsidies for employment of the unemployed, while citizens will have the opportunity to learn a number of professions for free.

As follows from the government message, the president of the country instructed by the end of this year "to help the citizens who were left jobless because of the coronavirus, and restore employment to the level of 2019".

It is noted that companies will have the opportunity to receive support from the government if people who were on the labour exchange before January 1 this year are employed. The subsidy will be equal to three minimum wages increased by the regional coefficient, the amount of insurance premiums and the number of employed citizens.

Organizations will receive the first payment a month after hiring, the second in three months, the third in six months. Such a measure, as noted in the Cabinet of Ministers, would employ at least 200 thousand people. A total of 12 billion rubles will be allocated for these subsidies.

Besides this, retraining or further professional education is to help 126 thousand citizens of the Russian Federation find a job. People who lost their jobs because of the pandemic, as well as those over 50 years old and women with small children will be able to take part in the program. The government will allocate almost 25 billion roubles for this purpose until 2023.

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Author: Ksenia Gustova

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