Russia unemployment rate stood at 4.9 percent in February of 2019, unchanged from the previous month, in line with market expectations and compared with last year’s 5.2 percent. The number of unemployed fell by 12 thousand to 3.655 million in February from 3.667 million in the previous month. Compared with the previous year, unemployment fell by 153 thousand from 3.808 million. Unemployment Rate in Russia averaged 7.51 percent from 1992 until 2019, reaching an all time high of 14.10 percent in February of 1999 and a record low of 4.50 percent in September of 2018.

Unemployment Rate in Russia is expected to be 5.10 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 5.70 percent in 2020, according to our econometric models.

Russia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 01:30 PM Unemployment Rate 4.8% 4.7% 4.8% 4.7%
2019-01-25 01:00 PM Unemployment Rate 4.8% 4.8% 4.8% 4.8%
2019-02-19 03:30 PM Unemployment Rate 4.9% 4.8% 4.9% 4.8%
2019-03-20 02:00 PM Unemployment Rate 4.9% 4.9% 4.9% 4.9%
2019-04-17 01:00 PM Unemployment Rate 4.9% 5.1%
2019-05-24 01:00 PM Unemployment Rate 5%
2019-06-20 01:00 PM Unemployment Rate 5%



Russia Unemployment Rate Unchanged at 4.9% in February

Russia Unemployment rate stood at 4.9 percent in February of 2019, unchanged from the previous month, in line with market expectations and compared with last year’s 5.2 percent.

The number of unemployed fell by 12 thousand to 3.655 million in February from 3.667 million in the previous month. Compared with the previous year, unemployment fell by 153 thousand from 3.808 million.

Meanwhile, registered unemployment rose by 65 thousand to 0.798 million from 0.733 million a month earlier. Year-on-year, that number dropped by 1 thousand from 0.799 million.

Russia's real wages increased by 0.7 percent year-on-year in February, following an upwardly revised 1.1 percent advance in the previous month and higher than market expectations of a flat reading. Average nominal wages jumped 6 percent to RUB 43,030 while annual inflation rate rose to 5.2 percent, the highest level since December of 2016.


Federal State Statistics Service | Agna Gabriel | agna.gabriel@tradingeconomics.com
3/20/2019 2:13:31 PM



Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 4.90 14.10 4.50 percent [+]
Employed Persons 71.50 71.20 74.10 60.40 Million [+]
Unemployed Persons 3.66 3.67 10.40 3.43 Million [+]
Employment Rate 59.10 58.80 66.60 58.80 percent [+]
Labor Force Participation Rate 62.10 61.90 70.30 61.90 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1485830.00 1597663.00 2197833.00 1000000.00 Persons [+]
Wages 43030.00 42263.00 55569.00 0.00 RUB/Month [+]
Wage Growth 0.70 1.10 27.20 -41.40 percent [+]
Wages in Manufacturing 47231.00 40101.00 47231.00 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 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 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 Unemployment Rate

In Russia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.90 4.90 14.10 4.50 1992 - 2019 percent Monthly




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 13.50 Dec/18
Brazil 12.00 Jan/19
Italy 10.50 Jan/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Jan/19
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Feb/19
Indonesia 5.34 Sep/18
Australia 4.90 Feb/19
Russia 4.90 Feb/19
United Kingdom 3.90 Jan/19
China 3.80 Dec/18
United States 3.80 Feb/19
South Korea 3.70 Feb/19
Mexico 3.60 Jan/19
Netherlands 3.40 Feb/19
Germany 3.20 Jan/19
Switzerland 2.70 Feb/19
Japan 2.50 Jan/19
Singapore 2.20 Dec/18


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