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

The unemployment rate in Russia declined to 5.2 percent in May of 2017 from 5.6 percent in the same month a year ago and below market expectations of 5.3 percent. It was the lowest jobless rate since September last year. The number of unemployed people decreased by 358 thousand to 3.945 million while the number of economically active people fell by 500 thousand to 76 million, representing 52 percent of total population. Unemployment Rate in Russia averaged 7.75 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)
2017-04-18 01:10 PM Mar 5.4% 5.6% 5.6% 5.7%
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 5.2% 5.2%
2017-08-17 01:00 PM Jul 5.0%
2017-09-19 01:00 PM Aug 5.2%




Russia Jobless Rate At 8-Month Low Of 5.2%


The unemployment rate in Russia declined to 5.2 percent in May of 2017 from 5.6 percent in the same month a year ago and below market expectations of 5.3 percent. It was the lowest jobless rate since September last year. The number of unemployed people decreased by 358 thousand to 3.945 million while the number of economically active people fell by 500 thousand to 76 million, representing 52 percent of total population.

The number of unemployed people decreased by 358 thousand to 3.945 million. Compared to April, the number decreased by 105 thousand.    

The number of economically active people decreased by 500 thousand to 76 million, representing 52 percent of total population. Compared to April, the figure went up by 100 thousand.

Real wages increased 3.7 percent year-on-year, at the same pace as in April and above market expectations of 2.4 percent. Nominal wages went up 7.9 percent to RUB 40,640 (8 percent in April) while real disposable income fell 0.4 percent (-7.5 percent in April).

Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
6/20/2017 1:31:14 PM



Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 14.10 4.80 percent [+]
Employed Persons 71.90 71.70 74.10 60.40 Million [+]
Unemployed Persons 3.90 4.05 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 1248266.00 1208136.00 2197833.00 1000000.00 Persons [+]
Wages 40640.00 39839.00 47554.00 1.00 RUB/Month [+]
Wage Growth 3.70 3.70 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.30 14.10 4.80 1993 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
South Korea 3.60 May/17
Mexico 3.50 Apr/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17