Russian unemployment rate rose to 5.8 percent in April of 2020 from 4.7 percent in the previous month, and above market expectations of 5.5 percent. It was the highest jobless rate since April of 2016, as most Russian cities imposed lockdowns measures to curb the spread of the coronavirus. The number of unemployed increased by 815 thousand from a month earlier to 4.300 million.

Unemployment Rate in Russia averaged 7.39 percent from 1992 until 2020, reaching an all time high of 14.10 percent in February of 1999 and a record low of 4.30 percent in August of 2019. This page provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Federal State Statistics Service

Unemployment Rate in Russia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Russia to stand at 8.00 in 12 months time. In the long-term, the Russia Unemployment Rate is projected to trend around 7.50 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

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Russia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.80 4.70 14.10 4.30 1992 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 01:00 PM Jan 4.7% 4.6% 4.7% 4.7%
2020-03-20 01:00 PM Feb 4.6% 4.7% 4.7% 4.7%
2020-04-24 01:00 PM Mar 4.7% 4.6% 4.8% 4.8%
2020-05-26 06:00 PM Apr 5.8% 4.7% 5.5% 5.4%
2020-06-19 01:00 PM May 5.8%
2020-07-20 01:00 PM Jun 5.5%
2020-08-20 01:00 PM Jul
2020-09-18 01:00 PM Aug


News Stream
Russian Jobless Rate Highest Since 2016
Russian unemployment rate rose to 5.8 percent in April of 2020 from 4.7 percent in the previous month, and above market expectations of 5.5 percent. It was the highest jobless rate since April of 2016, as most Russian cities imposed lockdowns measures to curb the spread of the coronavirus. The number of unemployed increased by 815 thousand from a month earlier to 4.300 million.
2020-05-26
Russia Jobless Rate Rises Less than Expected in March
Russia's jobless rate rose to 4.7 percent in March of 2020 from 4.6 in the previous month but below market expectations of 4.8 percent. The number of unemployed people rose by 60 thousand from a month earlier to 3.485 million and employed surged 258 thousand to 71.382 million. Meantime, the labour force participation rate went up to 62 percent from 61.7 percent in February and the employment rate increased to 59.1 percent from 58.9 percent. The survey was conducted between March 16th to March 22nd, before Russia hit 60 thousand coronavirus cases. On March 30th, Moscow's 12 million residents entered a strict lockdown, while other parts of the country began to introduce similar steps to curb the coronavirus outbreak.
2020-04-24
Russia Jobless Rate Falls to 4.6% in February
Russia's jobless rate edged down to 4.6 percent in February 2020 from 4.7 percent in the previous month and below market forecasts of 4.7 percent, as the number of unemployed declined to 3.425 million from 3.482 million in January.
2020-03-20
Russia Jobless Rate Rises to 9-Month High of 4.7%
Russian unemployment rate rose to 4.7 percent in January 2020 from 4.6 percent in the previous month, in line with market expectations and compared to last year's figure of 4.9 percent. It was the highest jobless rate since April, as the number of unemployed increased by 9 thousand from a month earlier to 3.482 million.
2020-02-20

Russia Unemployment Rate
In Russia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.