RBK Daily: Unpaid Wages Accumulating
Below is another exclusive translation from the Russian news outlet RBK Daily, a pro-government source that sometimes serves as an unintentionally illuminating guide to Kremlin thinking. This piece of news, which has also been hit by the Journal, is rather more straightforward.
For labor they have stopped paying
Wage arrears are growing in Russia
Yesterday Rosstat published alarming data about wage arrears. In October they increased all at once by 33.4% compared with last years, to 4 bln rub. The arrears were to 300 thsd. persons, nearly half of them (43%) — workers in manufacturing. The main reason for the delinquencies — non-payments between enterprises and inaccessibility of credits. The anti-crisis measures of the government are lagging behind, state experts. Even if the adopted decisions work, the effect will manifest itself only in several months.