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Increased in price, all but labor

September 18 2007
10:23

The average salary in Russia is eight times smaller than the average. This was reported by the chairman of the Federation of Independent Trade Unions of Russia Mikhail Shmakov.

The average salary in Russia is 14 thousand rubles, Shmakov said. He also noted the need to raise the minimum wage rate by half by the end of 2008. "The average salary in our calculations should not be less than 20 thousand rubles, and continue to grow and to approach the European average," - said Shmakov.

He also stressed that over the past 15 years have seen a jump in prices for everything except the price of labor. "Cheap labor gives rise to stagnation in technological development, economic development. Dear labor force will introduce new technologies, new equipment," - says Shmakov. Reports Newsinfo.

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