Economist Shibanov predicted that unemployment would return to pre-pandemic levels.

Shibanov stated out that unemployment will probably return in 2022 to the level that was recorded before the epidemic. So, according to him, next year this figure will be about 4.5 percent. Meanwhile, the expert stressed that in 2021, due to the expected GDP growth rate (three percent), unemployment will probably be above four percent.

The professor said that now experts do not see the threat of rising unemployment. However, he added that with another crisis related to the epidemic, problems could arise. According to Shibanov, the support of small and medium businesses is needed to restore the labor market.