Nearly one in five employees in Russia, 19% from all reported a decline since the beginning of April wages and other payments, according to the survey, commissioned by the Bank of Russia in may.
in the previous survey the figure was about 9%. As in previous surveys, employees of private companies talking about this issue more often (22%) than the state (17%). 7 percentage points increase in the proportion of state employees transferred to work remotely (28%), while among private sector employees, the figure remained at the same level (19%).
5 percentage points (10%) decreased the proportion of private sector employees who were sent on leave at own expense. In state enterprises the rate unchanged at 3%.
Reduction of labour income expected for 17% of all employed, send in a paid vacation – 12%.
moreover, almost half of Russians have no savings according to the survey, and the rest started to spend savings. In the current poll is 5 percentage points increased the proportion who got into debt from 12% to 17%.
According to the Ministry of economic development, this year, real disposable incomes will decline by 3.8% (income less taxes and fees, interest on loans and other compulsory payment), but in the following expected growth of 2.8%.
According to the labor Ministry, the number of officially registered unemployed Russians reached 2.1 million.
the Actual number of unemployed Russians was 4 times higher than the number of officially registered in employment services of Russians, said the President of the Confederation of labour of Russia (KTR), a member of the Council under the President of Russia on human rights Boris Kravchenko.
the unemployment rate this year may reach values of the crisis in 2009: by the end of the year, the Center for strategic research expects 9 million unemployed. The fact that the private sector faced a loss of income and difficulties in ppoluchenii of state. Says Oleg Shibanov, Professor of the Department of Finance of the Russian economic school.
Half taken out loans “to pay” ceased to repay the debt
Borrowers of microfinance institutions (MFIs) have past due payments for 4.4 million loans more than 90 days is 40,7% of all loans “to wage”, calculated from the credit history Bureau “Equifax”.
the Share of overdue loans in April was the highest with 2016. According to the forecast by year end this figure may amount to 37-44%. The size of the “loan to paycheck” does not exceed 30 thousand rubles for a period up to 30 days.
the Amount of early arrears (up to 30 days) at the end of April increased 32.5% to 4 billion rubles.
In April, the retail portfolio has decreased in quantity and money — 3% to 11.13 million loans and 3% to 149,65 billion rubles in overdue debt in March grew by 48.6% to 50.1 billion rubles, and the share of overdue loans in the total debt increased by 5.1 percentage points to 32.5 per cent.
According to the Bank, even before the crisis and the pandemic, about 54% of microloans took the Russians are spending on debt repayment, more than 50% of the monthly income. Now the situation has deteriorated: many income decreased during the quarantine and they can’t repay the loans.
