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Tuesday, 25 October 2016


Putin will solve the problem of unemployment in the North Caucasus

2011-12-20 12:38

On Tuesday, December 20, Russian Prime Minister Vladimir Putin will hold a meeting of the governmental commission on economic and social development of the North Caucasus Federal District, the main issue of which will be the fight against unemployment in the region. They will discuss the situation in the labor market, as well as measures to increase employment, development of small and medium businesses, the implementation of investment projects, RIA Novosti reported citing the press service of the Cabinet.

According to government data, the registered unemployment rate in the North Caucasus Federal District is 7.2% of the economically active population (the national average is 2,1-1,6%), and on the methodology of the International Labor Organisation, the unemployment rate in the district is 14.3% (the average in Russia - 6.2%). The fact that in the North Caucasus the population density and natural increase are higher than the national average, as well as a large number of young people and the predominant rural type of resettlement, also contributes in this complex situation.

In connection with this the priority in the region is to solve the employment problem, since "the absence of a regular job and stable income provokes a rise in social tension, creates a breeding ground for extremism", "Rosbalt" noted.

To address this problem over three billion rubles has been allocated from the federal budget and budgets of the subjects of the North Caucasus Federal District in 2011. In addition, the funds were earmarked for support of small and medium businesses. One of the main tools that helps to solve the problems of the North Caucasus is the "Corporation of development of the Northern Caucasus."

It is planned that in 2011-2012 there will be implemented 36 projects, 138 billion rubles will be allocated for them. The result of these actions will be the appearance of more than 14 thousand new jobs, and the payments to the budgets of all levels will exceed 20 billion rubles per year, "Stavropolye" reported.

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