Russia Unemployment Rate  1993-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Russia declined to 5.1 percent in June 2017 from 5.4 percent in the same month a year ago and below market expectations of 5.2 percent. It was the lowest jobless rate since October 2014, as the number of unemployed people decreased by 331 thousand to 3.846 million. Unemployment Rate in Russia averaged 7.72 percent from 1993 until 2017, 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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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-22 03:30 PM Apr 5.3% 5.4% 5.5% 5.4%
2017-06-20 01:00 PM May 5.2% 5.3% 5.3% 5.3%
2017-07-19 01:00 PM Jun 5.1% 5.2% 5.2% 5.3%
2017-08-17 01:00 PM Jul 5.1% 5.0%
2017-09-19 01:00 PM Aug 5.2%
2017-10-18 01:00 PM Sep 5.2%




Russia Jobless Rate Falls To 2.5-Year Low


The unemployment rate in Russia declined to 5.1 percent in June 2017 from 5.4 percent in the same month a year ago and below market expectations of 5.2 percent. It was the lowest jobless rate since October 2014, as the number of unemployed people decreased by 331 thousand to 3.846 million.

The number of unemployed people decreased by 331 thousand to 3.846 million from 4.177 million in the corresponding month of the previous year. Compared to May, the number of unemployed decreased by 99 thousand from 3.945 million.

Real wages increased by 2.9 percent year-on-year in June after rising by 2.8 percent in May, but missing market expectations of a 3.4 percent gain.

Federal State Statistics Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/19/2017 1:11:20 PM



Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.20 14.10 4.80 percent [+]
Employed Persons 71.90 71.70 74.10 60.40 Million [+]
Unemployed Persons 3.85 3.90 10.40 3.60 Million [+]
Employment Rate 65.20 65.10 66.60 64.20 percent [+]
Labor Force Participation Rate 68.80 68.80 70.30 64.20 percent [+]
Productivity -2.20 0.70 7.50 -4.10 percent [+]
Job Offers 1619980.00 1433320.00 2197833.00 1000000.00 Persons [+]
Wages 40640.00 39839.00 47554.00 1.00 RUB/Month [+]
Wage Growth 2.90 2.80 27.20 -41.40 percent [+]
Wages in Manufacturing 38850.00 38423.00 40731.00 7397.00 RUB/Month [+]
Minimum Wages 7500.00 7500.00 7500.00 132.00 RUB/Month [+]
Population 146.50 146.30 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Living Wage Family 33965.10 34469.50 35809.00 32990.40 RUB/Month [+]
Living Wage Individual 35518.60 34458.70 37431.50 32176.90 RUB/Month [+]
Wages High Skilled 38600.00 37300.00 38600.00 36700.00 RUB/Month [+]
Wages Low Skilled 13100.00 12100.00 13100.00 9990.00 RUB/Month [+]


Russia Unemployment Rate Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 5.20 14.10 4.80 1993 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.30 May/17
Italy 11.30 May/17
Turkey 10.50 Apr/17
France 9.60 Mar/17
Euro Area 9.30 May/17
Canada 6.50 Jun/17
Australia 5.60 Jun/17
Indonesia 5.33 Mar/17
Russia 5.10 Jun/17
India 4.90 Dec/13
Netherlands 4.90 Jun/17
United Kingdom 4.50 May/17
United States 4.40 Jun/17
China 3.97 Mar/17
Germany 3.90 May/17
South Korea 3.80 Jun/17
Mexico 3.60 May/17
Japan 3.10 May/17
Switzerland 3.00 Jun/17