Labor Force Participation Rate in Russia remained unchanged at 61.70 percent in May from 61.70 percent in April of 2020. source: Federal State Statistics Service

Labor Force Participation Rate in Russia averaged 66.60 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 October of 2020.

Labor Force Participation Rate in Russia is expected to be 61.30 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 62.10 in 12 months time. In the long-term, the Russia Labor Force Participation Rate is projected to trend around 62.70 percent in 2021 and 63.00 percent in 2022, according to our econometric models.

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Russia Labor Force Participation Rate

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

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.40 14.10 4.30 percent [+]
Employed Persons 70.50 70.50 74.10 60.40 Million [+]
Unemployed Persons 4.78 4.81 10.40 3.30 Million [+]
Employment Rate 58.30 58.30 66.60 58.00 percent [+]
Labor Force Participation Rate 61.70 61.70 70.30 61.70 percent [+]
Productivity 2.80 2.10 7.50 -4.10 percent [+]
Wages 47649.00 50145.00 62239.00 0.00 RUB/Month [+]
Wages in Manufacturing 45925.00 44320.00 50745.00 7397.00 RUB/Month [+]
Wage Growth 0.10 2.30 27.20 -41.40 percent [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
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.