The number of Russians who say their salary does not cover basic spending has jumped by 20 percentage points in two years to almost half, a survey by recruiter Headhunter showed, as Moscow diverts record fiscal resources to funding its war in Ukraine.
  • iHUNTcriminals@lemm.ee
    18·
    1 year ago

    I mean it’s the same in America and supposedly we’re an extra precious special country that’s not shitty.

    Kinda weird to see (possible American) people try to flex on Russia when America sucks too.

      • Elderos@lemmings.world
        2·
        1 year ago

        You can live off minimum wage in Canada in some regions, if you’re children-free. It gets harder with kids, though the state will cover some of it of you’re low-income (Like a couple hundred per months, and virtually no income taxes).

      • n7gifmdn@lemmy.caEnglish
        1·
        1 year ago

        I don’t think minimum wage is intended to be enough to live on. If you start working as a teenager by the time you have to pay your living expenses it would be quite doubtful that you are still making minimum wage.

        Then again, as they say, your milage may vary. In my part of the world there might as well be no minimum wage as even the most entry level positions are offering nearly double the minimum wage.

        • BirdyBoogleBop@lemmy.dbzer0.com
          1·
          1 year ago

          Offering double is pretty good (Assumedly). Where I live traditionally minimum wage jobs might give you an extra 50p. They are also manned mostly by adults, I mean if they weren’t shops would be shut during school hours.

        • millie@beehaw.orgEnglish
          1·
          1 year ago

          In US, most people in service industries that pay minimum wage aren’t teenagers. They’re people across all ages. Teenagers may be more represented there than in other sectors, but there are probably a lot more people in the US making minimum wage or a wage tied to minimum than you think.

          A looot of service jobs that don’t pay minimum wage are still within a couple dollars of it or so.

  • AutoTL;DR@lemmings.worldBEnglish
    2·
    1 year ago

    🤖 I’m a bot that provides automatic summaries for articles:

    Click here to see the summary

    The findings, from an October survey of almost 5,000 people, put Russia’s economic woes in sharp focus and could give the authorities a headache in the run-up to March’s presidential election, in which President Vladimir Putin is likely to extend his more than two decades in power.

    Record-low unemployment this year is evidence of Russia’s stark labour shortages, while the rouble’s weakness has added to intense inflation pressure.

    Interest rates, already at 13%, are expected to rise further to tackle inflation seen ending the year at around 7%, well above the Bank of Russia’s 4% target.

    Asked whether their salary was enough to cover basic spending, without taking into account income from second jobs or investments, just one in five Russians surveyed said yes.

    The average monthly nominal wage earned by Russians was 71,419 roubles ($756) in July, Rosstat’s statistics show.

    Russia could miss its 2024 budget revenue target and be forced to hike business taxes if the rouble proves stronger than expected and optimistic economic assumptions fall short, analysts say.

    Saved 54% of original text.

  • DieguiTux8623@feddit.it
    2·
    1 year ago

    Because in Europe everything is fine, isn’t it? With the new war inflation is skyrocketing and a new interest raise is around the corner. Thank you EU.

    • Novemberwind@beehaw.org
      31·
      1 year ago

      Why the Whataboutism?

      Also, mind to explain how it is the fault of the EU for Russia starting a war against another country?

      • mayooooo@beehaw.org
        9·
        1 year ago

        I’m also interested in this. In fact all of this could be my fault, so I just want to check. The one thing we can be sure of is that it’s not the Russian war that’s causing any problems anywhere, right? Maybe it’s the phase of the moon, or astrology

    • DarkThoughts@kbin.social
      0·
      1 year ago

      Inflation rate of the EU is at its lowest since October 2021.
      Meanwhile the conversation rate is 99 Ruble for 1€.
      So yes, thank you. We’re actually doing pretty alright. But I’m sure your propaganda media tells you something very different.

        • DieguiTux8623@feddit.it
          0·
          1 year ago

          You are assuming that inflation will stop, but after the new war oil and gas prices (so energy prices, and therefore the price of any retail good) are increasing dramatically. Another cycle of the depressive spiral is coming for Europe… the only positive aspect I can think of is that this part of the world is responsible for the misery and poverty of other areas of the world (say Africa) so in the end this will be a sort of very much due nemesis. But from here to saying that “everything is going to be alright” sounds like gaslighting.

        • DarkThoughts@kbin.social
          0·
          1 year ago

          Hungary is suffering from their own pro Russia policy making & voting, which they’re still holding onto. So apologies when I can’t bring up a whole lot of sympathies for them and the repercussions they’re facing from that. Germany is also not doing the greatest, and for similar reasons, at least in the energy sector. But at least now most parties sans the far left and far right have understood that.