Support The Moscow Times!

Putin Tells of Labor Success

GENEVA — Prime Minister Vladimir Putin boasted about his record as a job creator at the UN labor agency on Wednesday, in an apparent bid to boost his standing ahead of elections.

Putin's government pumped billions of dollars from oil reserves into Russia's economy from 2008 to 2010 to raise pensions and wages, create jobs and support ailing enterprises.

"The government of Russia will continue to carry out an active labor policy," Putin said in address at the 100th conference of the International Labor Organization in Geneva.

Putin said his government created four million jobs from 2009 to 2010 and unemployment fell from 9.4 percent in February 2009, at the peak of the economic crisis, to 7.2 percent in April 2011.


… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

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 you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more