The flow of migrants to Russia has fallen 70 percent over the first week of January compared to the same period last year, the head of Russia's Federal Migration Service said Wednesday. "It's possible this is connected with difficulties in finding low-skilled jobs," Konstantin Romodanovsky was cited as saying by the Regnum news agency. Many migrant workers from Central Asia come to work in Russia in order to send remittances back home — remittances which have now lost much of their value due to the steep devaluation of the ruble. Russia's ruble fell about 40 percent against the U.S. dollar in 2014, meaning migrant workers' wages are worth less than they used to be in their national currencies even as slowing economic growth cuts down on the number of low-skilled jobs on offer.
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INC News, 07/01/2015
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