Russian Manufacturing Business Activity Index Falls

Applications for candidates without experience in Russia fell by 25% in the first quarter of this year. The decline is attributed to employers reducing the hiring of junior specialists due to the implementation of artificial intelligence and increased requirements for efficiency. This information was reported by the newspaper Izvestia. Businesses find it more cost-effective to hire prepared employees rather than investing in training, according to Izvestia. This trend is tightening entry requirements for the Russian labor market. This trend specifically affects youth and students, potentially increasing the time required to find employment. The report was discussed on Govorit Moskva. This data was reported by job search portals. The announcement coincided with discussions regarding the May 1st Spring and Labor Day holiday.