Russia Unemployment Rate 1993-2015 | Data | Chart | Calendar | Forecast

Unemployment Rate in Russia unexpectedly decreased to 5.30 percent in July from 5.40 percent in June of 2015. Unemployment Rate in Russia averaged 7.91 percent from 1993 until 2015, 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. Unemployment Rate in Russia is reported by the Federal State Statistics Service.

Russia Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.40 14.10 4.80 1993 - 2015 percent Monthly
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. Content for - Russia Unemployment Rate - was last refreshed on Tuesday, September 1, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-18 02:00 PM May 5.6% 5.8% 5.8% 5.9%
2015-07-17 02:00 PM Jun 5.4% 5.6% 5.7% 5.7%
2015-08-19 02:00 PM Jul 5.3% 5.4% 5.5% 5.5%
2015-09-17 01:00 PM Aug 5.3% 5.4%
2015-10-19 01:00 PM Sep 5.5%
2015-11-17 01:00 PM Oct 5.3%


Russia Unemployment Rate Down to 5.3% in July


Russian jobless rate decreased for the forth consecutive month to 5.3 percent in July from 5.4 percent in June. It is the lowest value since December of 2014 and below market expectations.

The number of unemployed people decreased to 4.069 million in July from 4.091 million in the previous month. A year earlier, the figure was 3.698 million. 

Nominal wages rose 5.0 percent year-on-year to an average RUB 33980 (+5.4 percent in June) and real pay fell 9.2 percent after dropping by 8.6 percent in the previous month. Real disposable income shrank 2.0 percent (-3.1 percent in June).

The number of economically active people increased to 77.2 million (53 percent of population) in July from 76.5 million (52 percent) in June. Compared to July of 2014 the figure increased by 1.3 million. 

The unemployment rate in Russia remains one of the lowest in Europe given that the GDP contracted in the first two quarters of 2015 and the country remains under sanctions since early 2014. The jobless rate is half those of the Euro Area and the same as in the United States as companies are avoiding firing employees and instead are reducing working hours, cutting salaries and giving staff unpaid holidays.


Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/19/2015 3:47:19 PM


Recent Releases

Russia Unemployment Rate Down to 5.4% in June
Russian jobless rate decreased for the third consecutive month to 5.4 percent in June from 5.6 percent in May. It is the lowest value since December of 2014 and below market expectations.
Published on 2015-07-17

Russia Unemployment Rate Falls Again in May
Russian jobless rate decreased for the second consecutive month to 5.6 percent in May from 5.8 percent in April.
Published on 2015-06-18

Russia Unemployment Rate Falls in April
Russian jobless rate decreased for the first time in eight months to 5.8 percent in April from 5.9 percent in March.
Published on 2015-05-22

Russia Unemployment Rate Edges Up in March
Russian jobless rate increased for the seventh straight month to 5.9 percent in March from 5.8 percent in February.
Published on 2015-04-17


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 14.10 4.80 percent [+]
Employed Persons 73.10 72.40 74.10 60.40 Million [+]
Unemployed Persons 4.10 4.10 10.40 3.60 Million [+]
Productivity 201.63 179.59 201.63 68.43 Index Points [+]
Wages 33980.00 35930.00 42136.00 1.00 RUB/Month [+]
Wages in Manufacturing 31764.00 32222.00 35124.00 7397.00 RUB/Month [+]
Population 143.70 143.30 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Labor Force Participation Rate 68.90 68.50 68.90 64.20 percent [+]
Minimum Wages 5965.00 5554.00 5965.00 132.00 RUB/Month [+]
Wage Growth 90.80 92.80 127.20 58.60 Index Points [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Jul/15 6.00 10.90 4.00 percent [+]
Brazil 7.50 Jul/15 6.90 13.10 4.30 percent [+]
Canada 6.80 Jul/15 6.80 13.10 2.90 percent [+]
China 4.04 Jun/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 Jun/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 Jun/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.70 Jun/15 12.50 13.00 5.80 percent [+]
Japan 3.30 Jul/15 3.40 5.60 1.00 percent [+]
Mexico 4.72 Jul/15 4.41 5.93 2.22 percent [+]
Netherlands 6.80 Jul/15 6.90 7.90 3.60 percent [+]
Russia 5.30 Jul/15 5.40 14.10 4.80 percent [+]
South Korea 3.70 Jul/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jul/15 3.10 5.40 1.60 percent [+]
Turkey 9.30 May/15 9.60 14.80 7.30 percent [+]
United Kingdom 5.60 Jun/15 5.60 12.00 3.40 percent [+]
United States 5.30 Jul/15 5.30 10.80 2.50 percent [+]