Labor Force Participation Rate in Russia increased to 62 percent in March from 61.70 percent in February of 2020.

Labor Force Participation Rate in Russia averaged 66.68 percent from 2000 until 2020, reaching an all time high of 70.30 percent in August of 2016 and a record low of 61.70 percent in February of 2020. This page provides - Russia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2020. source: Federal State Statistics Service

Labor Force Participation Rate in Russia is expected to be 62.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Russia to stand at 62.70 in 12 months time. In the long-term, the Russia Labor Force Participation Rate is projected to trend around 63.00 percent in 2021, according to our econometric models.

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Russia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.00 61.70 70.30 61.70 2000 - 2020 percent Monthly

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 5.80 14.10 4.30 percent [+]
Employed Persons 70.00 70.20 74.10 60.40 Million [+]
Unemployed Persons 4.50 4.30 10.40 3.30 Million [+]
Employment Rate 58.00 58.10 66.60 58.00 percent [+]
Labor Force Participation Rate 62.00 61.70 70.30 61.70 percent [+]
Productivity 2.80 2.10 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 49306.00 50926.00 62239.00 0.00 RUB/Month [+]
Wages in Manufacturing 43243.00 44173.00 47231.00 7397.00 RUB/Month [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Wage Growth -2.00 5.90 27.20 -41.40 percent [+]
Population 146.80 146.90 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]


Russia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.