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Neviolina noted the reduction of the labor shortage in the economy.

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Neviolina noted the reduction of the labor shortage in the economy.

The labor shortage in the Russian economy has softened somewhat, but there are no preconditions for its complete disappearance in the foreseeable future, said the head of the central bank, Elvira Neviolina, during a speech in the State Duma. "The labor shortage has softened somewhat, surveys show, but there are no preconditions for it to disappear completely in the foreseeable future," Nabiolina said. "There are industries where economic returns have decreased for various reasons.

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