Russia's unemployment rate dropped to 4.5 percent in July of 2021, from 4.8 percent in the previous month and below market forecasts of 4.7 percent. It was the lowest rate since September of 2019, returning to pre-pandemic levels. The number of unemployed people fell by 149 thousand from a month earlier to 3.43 million and those officially registered as unemployed declined by 90 thousand to 1.33 million. source: Federal State Statistics Service

Unemployment Rate in Russia averaged 7.32 percent from 1992 until 2021, reaching an all time high of 14.10 percent in February of 1999 and a record low of 4.30 percent in August of 2019. This page provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Unemployment Rate in Russia is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Unemployment Rate is projected to trend around 4.10 percent in 2022 and 3.80 percent in 2023, according to our econometric models.

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Russia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.80 14.10 4.30 1992 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-25 04:00 PM Apr 5.2% 5.4% 5.4% 5.4%
2021-06-30 08:00 PM May 4.9% 5.2% 5.2% 5.2%
2021-07-28 04:00 PM Jun 4.8% 4.9% 5% 5%
2021-09-01 04:00 PM Jul 4.5% 4.8% 4.7% 4.7%
2021-10-01 04:00 PM Aug 4.5% 4.4%
2021-10-29 04:00 PM Sep 4.4%
2021-12-03 04:00 PM Oct 4.4%
2021-12-29 04:00 PM Nov 4.3%


News Stream
Russia Jobless Rate Returns to 2019 Levels
Russia's unemployment rate dropped to 4.5 percent in July of 2021, from 4.8 percent in the previous month and below market forecasts of 4.7 percent. It was the lowest rate since September of 2019, returning to pre-pandemic levels. The number of unemployed people fell by 149 thousand from a month earlier to 3.43 million and those officially registered as unemployed declined by 90 thousand to 1.33 million.
2021-09-01
Russia Jobless Rate Falls to Lowest Since Pandemic Erupted
Russia's unemployment rate edged down to 4.8 percent in June of 2021, from 4.9 percent in the previous month and below analyst forecasts of 5.0 percent. It was the lowest rate since March last year but still slightly above pre-pandemic levels. The number of unemployed people fell by 110 thousand from a month earlier to 3.58 million and those officially registered as unemployed declined by 170 thousand to 1.42 million.
2021-07-28
Russia Jobless Rate Falls to Lowest Since March 2020
Russia's unemployment rate edged down to 4.9 percent in May of 2021, from 5.2 percent in the previous month and below analyst forecasts of 5.2 percent. It was the lowest rate since March last year but still above pre-pandemic levels. The number of unemployed people fell by 213 thousand from a month earlier to 3.685 million.
2021-06-30
Russia Jobless Rate Falls to Lowest Since March 2020
Russia's unemployment rate edged down to 5.2 percent in April of 2021, from 5.4 percent in the previous month and below analyst forecasts of 5.4 percent. It was the lowest rate since March last year but still above pre-pandemic levels. The number of unemployed people fell by 159 thousand from a month earlier to 3.898 million.
2021-05-25

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.