Russia Jobless Rate Down to 5.9% in April


Unemployment rate in Russia was recorded at 5.9 percent in April of 2016, down from 6.0 percent in the previous month and below market expectations of 6.0 percent. The number of unemployed people decreased by 47 thousand to 4.52 million while economically active increased by 0.2 million to 76.3 million (52 percent of population).

The number of unemployed people decreased by 47 thousand to 4520 thousand in April. A year earlier, the figure was 4420 thousand. 

The number of economically active people increased by 0.2 million to 76.3 million (52 percent of population). Compared to April of 2015, the figure was steady.

Nominal wages rose 5.4 percent year-on-year to an average RUB 36210 while real pay fell 1.7 percent. Real disposable income decreased 7.1 percent.

Russia Jobless Rate Down to 5.9% in April


Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/23/2016 2:41:16 PM