UrBC, Yekaterinburg, December 25, 2015. Yekaterinburg labor market ended up with more supply and less demand by the end of the year compared with early January.

According to Superjob analysts, the number of job ads will go down by 13% by late December compared with January 2015 (in Russia on the whole, the drop is 4%), whereas that of submitted CVs will rise by 40% (in Russia on the whole, the increase is expected at 21%).

This year’s seasonal fluctuations were the same as last year: a more or less unchanging number of job openings throughout the first quarter of the year, a stable increase between April and August, and then dropping demand for new staff because of the economic uncertainty and seasonal factors. However, the local labor market demand shrank most noticeably last year, when the number of vacancies dropped by 21% between January 2014 and December 2014. In 2015, the decrease was only 13%.

The number of submitted CVs, however, rose by 18% last year and by as much as 40% this year. It appears that in December 2014, employees feared layoffs and stack to their jobs, while this year’s job-seekers are not only those who’ve been made redundant but also those who decided to quit their old jobs themselves.