Russia Unemployment Drops in March

Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Joana Taborda | joana.taborda@tradingeconomics.com 4/17/2014 2:09:31 PM
A year earlier, unemployment was recorded at 5.7 percent. 

From February to March 2014, the number of unemployed people decreased by 205 thousand to 4 million. Compared with a year earlier there were less 228 thousand people unemployed. 

There were 941 thousand people officially registered as unemployed, 12 thousand less than in February and 142 thousand less than a year earlier. 

Average wages rose 10.2 percent in nominal terms year-on-year in March to 31,300 roubles, while real wages rose at a slower 3.1 percent year-on-year.

Russia Unemployment Drops in March