of entrepreneurs in the retail sector reported that they had reduced headcount in their organizations in the fourth quarter of 2014. Compared with the beginning of the year, the trend with respect to headcount reductions has doubled.
Heads of trade associations predict that next year the outflow of employees from their companies will continue.
These data are presented in a new Monitoring the Business Climate in the Retail Trade study for the fourth quarter of 2014. The study was conducted by the Centre for Business Tendency Studies at the HSE Institute for Statistical Studies and Economics of Knowledge (ISSEK).
was the level to which the business confidence index in the service sector fell in the first quarter of 2015. This is a record decline. For the year, the value of the index has fallen by 10 percentage points.