Russia Labor Force Participation Rate

Labor Force Participation Rate in Russia decreased to 62.80 percent in October from 63.20 percent in September of 2018. Labor Force Participation Rate in Russia averaged 67.72 percent from 2000 until 2018, reaching an all time high of 70.30 percent in August of 2016 and a record low of 62.50 percent in February of 2018.

Labor Force Participation Rate in Russia is expected to be 64.00 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 65.00 in 12 months time. In the long-term, the Russia Labor Force Participation Rate is projected to trend around 65.00 percent in 2020, according to our econometric models.

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Russia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.70	4.50	14.10	4.50	percent	[+]
Employed Persons	72.50	73.20	74.10	60.40	Million	[+]
Unemployed Persons	3.61	3.43	10.40	3.43	Million	[+]
Employment Rate	59.80	60.30	66.60	59.30	percent	[+]
Labor Force Participation Rate	62.80	63.20	70.30	62.50	percent	[+]
Productivity	1.50	-0.30	7.50	-4.10	percent	[+]
Job Offers	1738477.00	1753086.00	2197833.00	1000000.00	Persons	[+]
Wages	42000.00	41774.00	51197.00	0.00	RUB/Month	[+]
Wage Growth	4.40	4.90	27.20	-41.40	percent	[+]
Wages in Manufacturing	40226.00	41126.00	41126.00	7397.00	RUB/Month	[+]
Minimum Wages	11163.00	9489.00	11163.00	132.00	RUB/Month	[+]
Population	146.90	146.80	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		[+]
Wages High Skilled	48300.00	37600.00	48300.00	33300.00	RUB/Month	[+]
Wages Low Skilled	19900.00	13100.00	19900.00	11800.00	RUB/Month	[+]
Living Wage Family	23700.00	23500.00	23700.00	23000.00	RUB/Month	[+]
Living Wage Individual	14500.00	14800.00	14800.00	13900.00	RUB/Month	[+]

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. This page provides - Russia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	62.80	63.20	70.30	62.50	2000 - 2018	percent	Monthly

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Country	Last		Previous	Range
United Kingdom	79.00	Sep/18	78.8	79 : 74.1	%
France	72.30	Sep/18	72.2	72.3 : 69.5	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.40	Jun/18	68.4	68.8 : 66.8	%
Singapore	67.70	Dec/17	68	68.3 : 55.3	%
Italy	65.80	Oct/18	65.6	65.9 : 61.7	%
Australia	65.60	Oct/18	65.5	65.8 : 60.1	%
Canada	65.40	Nov/18	65.2	67.7 : 61.4	%
Netherlands	64.20	Jun/18	63.9	67.1 : 61.7	%
South Korea	63.40	Nov/18	63.4	63.9 : 48.5	%
United States	62.90	Nov/18	62.9	67.3 : 58.1	%
Russia	62.80	Oct/18	63.2	70.3 : 62.5	%
Japan	62.00	Oct/18	61.9	74 : 58.5	%
Brazil	61.70	Sep/18	61.6	61.9 : 60.9	%
Germany	60.90	Jun/18	61	61.7 : 56.9	%
Mexico	59.50	Sep/18	60	61.47 : 58.18	%
South Africa	59.50	Sep/18	59.1	60.8 : 53.6	%
Spain	58.73	Sep/18	58.8	60.55 : 48.88	%
Euro Area	57.20	Jun/18	57	57.3 : 55	%
Saudi Arabia	56.20	Jun/18	55.5	56.5 : 47.8	%
Turkey	53.50	Aug/18	53.2	53.5 : 43.9	%
India	52.50	Dec/13	50.9	52.9 : 50.9	%
Argentina	46.40	Jun/18	46.7	46.9 : 44.5	%