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Saturday, August 26, 2006

The Russian Economy by the Numbers

the minimum hourly wage it is legal to pay in Russia
(based on 1,100 rubles or about $40 for four forty-hour weeks)
(on average, it takes a Russian minium wage earner
three days to earn what an American minimum
wage earner is paid in one hour)
the minimum hourly wage needed for survival in Russia
(based on 4,414 rubles or about $163 per month)

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