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

The unemployment rate in Russia declined to 5.3 percent in April of 2017 from 5.9 percent in the same month a year ago and well below market expectations of 5.5 percent. It was the lowest jobless rate since December last year. The number of unemployed people decreased by 470 thousand to 4.050 million while the number of economically active people fell by 400 thousand to 75.9 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 Reference Actual Previous Consensus Forecast (i)
2017-03-21 03:30 PM Feb 5.6% 5.6% 5.6% 5.6%
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 5.3% 5.3%
2017-07-19 01:00 PM Jun 5.2%
2017-08-17 01:00 PM Jul 5.0%




Russia Jobless Rate Unexpectedly Falls To 5.3% In April


The unemployment rate in Russia declined to 5.3 percent in April of 2017 from 5.9 percent in the same month a year ago and well below market expectations of 5.5 percent. It was the lowest jobless rate since December last year. The number of unemployed people decreased by 470 thousand to 4.050 million while the number of economically active people fell by 400 thousand to 75.9 million, representing 52 percent of total population.

The number of unemployed people decreased by 470 thousand to 4.050 million. Compared to March, the number decreased by 59 thousand.    

The number of economically active people decreased by 400 thousand to 75.9 million, representing 52 percent of total population. Compared to March, the figure remained unchanged.

Real wages increased 2.5 percent year-on-year, following an upwardly revised 3.5 percent rise in March and above market expectations of 1.7 percent. Nominal wages went up 6.7 percent to RUB 37,311 (7.6 percent in March) while real disposable income fell 7.6 percent (-2.3 percent in March).

Federal State Statistics Service | Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/22/2017 3:55:07 PM



Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 14.10 4.80 percent [+]
Employed Persons 71.80 71.30 74.10 60.40 Million [+]
Unemployed Persons 4.05 4.10 10.40 3.60 Million [+]
Employment Rate 65.10 64.70 66.60 64.20 percent [+]
Labor Force Participation Rate 68.90 68.50 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 39253.00 38483.00 47554.00 1.00 RUB/Month [+]
Wage Growth 2.50 3.20 27.20 -41.40 percent [+]
Wages in Manufacturing 38423.00 35603.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.40 14.10 4.80 1993 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17