By Bank of Finland Institute for Economies in Transition (BOFIT) Russia’s unemployment has fallen to record post-Soviet low of only 2.4% as a result of an acute labour shortage caused by the war in Ukraine, the Bank of Finland institute for Emerging Economies (BOFIT) reported in its weekly update. Russian unemployment was already low before the war started, with nearly all skilled workers having jobs prior to the invasion of Ukraine. Labour demand started to increase in the second half of 2022 with the recovery in the economy and growth in public consumption. At the same time, the first wave o…