The highest wages are usually noted in the oil and gas sector and adjacent branches.
Photo: Dmitry Dukhanin
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Average Revenues Soar on Oil
The real income of Russians stepped up 15.2 percent in June, the RF Statistics Committee said in the half-year report. The average wages grew 7 percent past month, having gained nearly 25 percent in the last 12 months. Workers of fuel and energy branches of industry earn from 40 percent to 110 percent more than even in other raw industries of the country.
Duly adjusted by consumer price index, the real income of Russia’s residents soared 15.2 percent on year in June with an average Russian earning 10,013 rubles in the first month of this summer. The half-year growth was 11.1 percent on average and on-month acceleration reached 6.1 percent.
The revenues stepped up on higher wages, which critically differ from industry to industry. The greatest breakaway is usually noted in the oil and gas sector and adjacent branches. Employees dealing with petroleum production earn 2.2 fold more than on average, and the wages in pipeline transport are 2.5 fold higher than on average in Russia. A Russian may earn more only in financial sector, where the salaries are 2.7 fold higher than on average.
Unemployment also surged in the country in June. The number of unemployed grew 3.1 percent on year to 5.6 million, 7.5 percent of the economically active population. But in the mid-term view, the unemployment is relatively stable in Russia. The H1 unemployment slid 0.3 percent vs January-June of 2005.
www.kommersant.com
All the Article in Russian as of July 24, 2006
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