Russia must become ‘high-wage economy’ – Putin ...News

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Russia must become ‘high-wage economy’ – Putin
Real incomes in the country have risen 10.5% year-on-year in July, according to the president The growth rate of real wages for workers in Russia must be maintained, President Vladimir Putin said on Thursday, stressing that in July the measure of workers’ income saw a year-on-year growth of more than 10%. “We need to support this trend and make it sustainable,” he urged a meeting of the Presidium of the State Council on the development of the labor market in Russia. “To achieve this goal, the state must help people of all ages to become more professional, qualified and, consequently, more competitive in the labor

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