Russia Unemployment Rate  1993-2018 | Data | Chart | Calendar | Forecast

Russian unemployment rate fell to 5 percent in March 2018 from 5.4 percent in the same month of the previous year, and in line with market expectations. The number of unemployed people declined by 304 thousand to 3.808 million. Unemployment Rate in Russia averaged 7.64 percent from 1993 until 2018, reaching an all time high of 14.10 percent in February of 1999 and a record low of 4.80 percent in August of 2014.

Russia Unemployment Rate
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Russia Jobless Rate Drops to 5% in March as Expected


Russian unemployment rate fell to 5 percent in March 2018 from 5.4 percent in the same month of the previous year, and in line with market expectations.

The number of unemployed people declined by 304 thousand to 3.808 million in March from 4.112 million in the corresponding month of the previous year. Compared to February, the number of unemployed was unchanged.

Real wages in Russia rose 6.5 percent year-on-year in March, easing from a revised 10.5 percent jump in the previous month and way below market expectations of 8.8 percent. Average nominal wages surged 9 percent to RUB 41,650 while annual inflation rate stood at 2.4 percent, close to the previous month's record low. Meanwhile, real disposable personal income in Russia increased by 4.1 percent in March, following a 4.3 percent growth in the previous month.


Joana Ferreira | joana.ferreira@tradingeconomics.com
4/18/2018 1:06:44 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-19 01:00 PM Unemployment Rate 5.2% 5.1% 5.2% 5.1%
2018-03-21 01:00 PM Unemployment Rate 5% 5.2% 5.2% 5.2%
2018-04-18 01:00 PM Unemployment Rate 5% 5% 5% 5%
2018-05-22 01:00 PM Unemployment Rate 5% 5.1%
2018-06-20 01:00 PM Unemployment Rate 5.1%
2018-07-18 01:00 PM Unemployment Rate 5.2%


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 5.00 14.10 4.80 percent [+]
Employed Persons 72.00 71.90 74.10 60.40 Million [+]
Unemployed Persons 3.81 3.81 10.40 3.60 Million [+]
Employment Rate 59.30 59.30 66.60 59.30 percent [+]
Labor Force Participation Rate 62.50 62.60 70.30 62.50 percent [+]
Productivity -0.20 -2.20 7.50 -4.10 percent [+]
Job Offers 1410404.00 1377153.00 2197833.00 1000000.00 Persons [+]
Wages 41650.00 39800.00 51197.00 1.00 RUB/Month [+]
Wages in Manufacturing 38197.00 38517.00 40469.00 7397.00 RUB/Month [+]
Wage Growth 6.50 10.50 27.20 -41.40 percent [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.88 146.50 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages Low Skilled 18300.00 13300.00 18300.00 12000.00 RUB/Month [+]
Wages High Skilled 46100.00 37300.00 46100.00 33300.00 RUB/Month [+]
Living Wage Family 28300.00 27600.00 28300.00 26700.00 RUB/Month [+]
Living Wage Individual 20400.00 20100.00 20400.00 19300.00 RUB/Month [+]


Russia Unemployment Rate

In Russia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 14.10 4.80 1993 - 2018 percent Monthly




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 12.60 Feb/18
Italy 10.90 Feb/18
Turkey 10.80 Jan/18
France 8.90 Dec/17
Euro Area 8.50 Feb/18
Canada 5.80 Mar/18
Australia 5.50 Mar/18
Indonesia 5.50 Sep/17
Russia 5.00 Mar/18
United Kingdom 4.20 Feb/18
United States 4.10 Mar/18
South Korea 4.00 Mar/18
China 3.90 Dec/17
Netherlands 3.90 Mar/18
India 3.52 Dec/17
Germany 3.50 Feb/18
Mexico 3.20 Feb/18
Switzerland 2.90 Mar/18
Japan 2.50 Feb/18


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