Russia Unemployment Rate

Unemployment Rate in Russia decreased to 5.40 percent in March of 2014 from 5.60 percent in February of 2014. Unemployment Rate in Russia is reported by the Federal State Statistics Service. Unemployment Rate in Russia averaged 8.07 Percent from 1993 until 2014, reaching an all time high of 14.10 Percent in February of 1999 and a record low of 4.90 Percent in January of 1993. 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. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.40 5.60 14.10 4.90 5.30 | 2014/04 1993 - 2014 Percent Monthly

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Russia Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-27 12:00 PM Russia
Unemployment Rate
Dec 2013 5.6% 5.4% 5.5% 5.5%
2014-02-19 12:00 PM Russia
Unemployment Rate
Jan 2014 5.6% 5.6% 6.1% 5.5%
2014-03-20 12:00 PM Russia
Unemployment Rate
Feb 2014 5.6% 5.6% 5.7% 5.8%
2014-04-17 01:00 PM Russia
Unemployment Rate
Mar 2014 5.4% 5.6% 5.6% 5.7%
2014-05-16 01:00 PM Russia
Unemployment Rate
Apr 2014 5.4% 5.3%
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Labour Last Previous Highest Lowest Forecast Unit
Population 143.70 2013-12-31 143.35 148.69 119.90 144.17 2014-06-30 Million [+]
Employed Persons 71.00 2014-02-28 70.40 74.10 60.40 71.64 2014-06-30 Million [+]
Productivity 201.63 2010-06-30 179.59 201.63 68.43 263.86 2014-06-30 Index Points [+]
Retirement Age Men 60.00 2013-01-01 60.00 60.00 60.00 60.00 2014-06-30 [+]
Retirement Age Women 55.00 2013-01-01 55.00 55.00 55.00 55.00 2014-06-30 [+]
Unemployed Persons 4.20 2014-02-28 4.20 10.40 3.60 4.02 2014-06-30 Million [+]
Wages 29680.00 2014-02-15 29535.00 39648.00 0.00 34318.01 2014-06-30 RUB [+]
Wages in Manufacturing 29680.00 2014-02-15 29535.00 39648.00 0.00 34318.01 2014-06-30 RUB [+]
Unemployment Rate 5.40 2014-03-31 5.60 14.10 4.90 5.30 2014-04-30 Percent [+]
[+]


Russia Unemployment Drops in March

Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.

A year earlier, unemployment was recorded at 5.7 percent. 

From February to March 2014, the number of unemployed people decreased by 205 thousand to 4 million. Compared with a year earlier there were less 228 thousand people unemployed. 

There were 941 thousand people officially registered as unemployed, 12 thousand less than in February and 142 thousand less than a year earlier. 

Average wages rose 10.2 percent in nominal terms year-on-year in March to 31,300 roubles, while real wages rose at a slower 3.1 percent year-on-year.

Joana Taborda | joana.taborda@tradingeconomics.com
4/17/2014 2:09:31 PM

RECENT RELEASES

Russia Unemployment Rate Unchanged at 5.6%
In February of 2014, Russian jobless rate remained steady at 5.6 percent, the same rate recorded in the previous two months. Published on 2014-03-20

Russian Unemployment Rate Stable in January
In January of 2014, Russian jobless rate remained steady at 5.6 percent, after rising by 0.2 percent in December. Published on 2014-02-19


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


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