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

Russian unemployment rate came in at 5.1 percent in July 2017, unchanged from the previous month's two-and-a-half-year low and down from 5.3 percent in the same period a year ago. The number of unemployed people decreased by 220 thousand from the previous year to 3.905 million. Unemployment Rate in Russia averaged 7.71 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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Russia Jobless Rate Steady at 5.1% in July


Russian unemployment rate came in at 5.1 percent in July 2017, unchanged from the previous month's two-and-a-half-year low and down from 5.3 percent in the same period a year ago. The number of unemployed people decreased by 220 thousand from the previous year to 3.905 million.

The number of unemployed people fell by 220 thousand to 3.905 million from 4.125 million in the corresponding month of the previous year. Compared to June, the number of unemployed increased by 59 thousand from 3.846 million.

Real wages rose 4.6 percent year-on-year in July, following an upwardly revised 3.9 percent gain in June and beating market expectations of 3.1 percent. It was the sharpest increase in real wages since February 2014, as average nominal wages jumped 8.6 percent to RUB 39,355 while annual inflation rate slowed to 3.9 percent, the lowest since May 2012. Meanwhile, real disposable income dropped 0.9 percent.

Federal State Statistics Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/17/2017 1:21:31 PM



Calendar GMT Actual Previous Consensus Forecast (i)
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% 5.1% 5.1% 5.1%
2017-09-19 01:00 PM Aug 5.1% 5.2%
2017-10-18 01:00 PM Sep 5.2%
2017-11-20 01:00 PM Oct 5.3%


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.10 14.10 4.80 percent [+]
Employed Persons 72.10 71.90 74.10 60.40 Million [+]
Unemployed Persons 3.91 3.85 10.40 3.60 Million [+]
Employment Rate 65.50 65.20 66.60 64.20 percent [+]
Labor Force Participation Rate 68.90 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 39355.00 41640.00 47554.00 1.00 RUB/Month [+]
Wage Growth 4.60 3.90 27.20 -41.40 percent [+]
Wages in Manufacturing 38565.00 38850.00 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 August of 2017.

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



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17