"By the end of 1995 we will have 3.6 million people officially registered as unemployed," agency director Fyodor Prokopov told reporters.
The figure, which accounts for more than 5 percent of Russia's estimated 70 million workers, is about twice the current number of officially registered jobless, which stood at nearly 1.9 million (2.7 percent) as of Jan. 1.
Experts say actual joblessness in Russia may be three to five times higher than government figures indicate. Prokopov himself admitted that accounting for "hidden unemployment" -- including people who are on forced leave or have failed to register with the agency -- the figure could be double the official rate.
By any measure, the present figure remains well below the 15 million jobless that some experts had forecast for the end of 1994 if the government had fully implemented a bankruptcy program initiated last year.
Igor Lukashov, spokesman for the employment agency, said Russian bankruptcy law had so far had little effect, since the government has not forced many insolvent enterprises to restructure and fire workers.
"This is a soft, liberal law which does not in fact work," he said. "And we hope that it stays that way, so the number of unemployed remains relatively stable."
Some analysts, however, have said a sharp jump in unemployment would be a necessary by-product of the radical restructuring that Russia's economy needs to survive.
"(Higher unemployment) has a positive element: restructuring," said one Western economist, though he added that the doubling of the jobless rate without a significant improvement in economic stabilization would be "unfortunate."
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
