Unemployment rate falls to 2% in Kabardino-Balkaria

The authorities of Kabardino-Balkaria in the last year managed to maintain a positive trend in the labor market, the unemployment rate fell to 2%. This was announced by the Minister of Labour, Employment and Social Protection, Albert Tyubeev.

"The level of registered unemployment at the end of 2014 in comparison with 2013 has decreased by 0.2 percentage points and stood at 2% of the economically active population of the country," he was quoted as saying by Interfax.

According to Tyubeev, these rates are among the lowest of the subjects of North Caucasus Federal District, according to the portal YUGA