Russia's jobless rate held steady at 4.6 percent in November 2019, slightly below market expectations of 4.7 percent, as the number of unemployed increased to 3.507 million from 3.476 in the previous month. Meanwhile, the number of people registered as out of work rose to 0.664 million from 0.645 million. Compared with the same period last month, the number of unemployed declined sharply from 3.654 million.

Unemployment Rate in Russia averaged 7.43 percent from 1992 until 2019, 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. source: Federal State Statistics Service

Unemployment Rate in Russia is expected to be 4.60 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 5.10 in 12 months time. In the long-term, the Russia Unemployment Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.


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Russia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.60 14.10 4.30 1992 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-18 01:00 PM Aug 4.3% 4.5% 4.4% 4.4%
2019-10-17 01:45 PM Sep 4.5% 4.3% 4.3% 4.3%
2019-11-20 01:00 PM Oct 4.6% 4.5% 4.6% 4.5%
2019-12-18 01:00 PM Nov 4.6% 4.6% 4.7% 4.6%
2020-01-28 01:00 PM Dec 4.6% 4.6% 4.6%


News Stream
2019-10-17
Russia Jobless Rate Unexpectedly Rises to 4.5%
Russian unemployment rate rose to 4.5 percent in September 2019 from an all-time low of 4.3 percent in the prior month while markets had expected it to remain steady. The number of unemployed rose by 113 thousand to 3.371 million from 3.258 million in the previous month.

2019-09-18
Russia Jobless Rate Falls to Record Low of 4.3%
Russian unemployment rate decreased to an all-time low of 4.3 percent in August of 2019 from 4.5 percent in the previous month and below market expectations of 4.4 percent.

2019-08-19
Russia Jobless Rate Rises from Record Low
Russian unemployment rate rose to 4.5 percent in July of 2019 from an all-time low of 4.4 percent in the previous month and in line with market expectations.

2019-07-17
Russia Jobless Rate at Record Low in June
Russia unemployment rate fell to 4.4 percent in June 2019 from 4.5 percent in the previous month and below market consensus of 4.5 percent. It was the lowest jobless rate since series began in 1992.

2019-06-20
Russia Jobless Rate Falls to 8-Month Low of 4.5%
Russia unemployment rate fell to 4.5 percent in May 2019 from 4.7 percent in the previous month and below market consensus of 4.6 percent. It was the lowest jobless rate since September last year, as the number of unemployed declined 4.5 percent to 3.4 million

2019-05-24
Russia Jobless Rate Unchanged at 5-Month Low
Russia's unemployment rate stood at 4.7 percent in April 2019, unchanged from the previous month's five-month low and in line with market expectations. The number of unemployed increased 1 percent to 3.6 million.


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.

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.60 14.10 4.30 percent [+]
Employed Persons 72.70 72.10 74.10 60.40 Million [+]
Unemployed Persons 3.51 3.48 10.40 3.30 Million [+]
Employment Rate 60.00 59.50 66.60 58.80 percent [+]
Labor Force Participation Rate 62.90 62.40 70.30 61.90 percent [+]
Productivity 2.30 1.90 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 46549.00 45541.00 55569.00 0.00 RUB/Month [+]
Wages in Manufacturing 44173.00 42597.00 47231.00 7397.00 RUB/Month [+]
Wage Growth 3.80 3.10 27.20 -41.40 percent [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 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 [+]