Russia Jobless Rate Unchanged at 5-Month Low

Russia 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 rose by 36 thousand to 3.554 million in April from 3.518 million in the previous month. Compared with the previous year, unemployment fell by 158 thousand from 3.712 million.

Meanwhile, registered unemployment came in at 0.817 million, little-changed from March's 0.818 million and above last year's 0.758 million.

Russia’s real wages were up 1.6 from the previous year in April, easing from a 2.3 percent advance in March and beating market expectations of a 0.2 percent rise. Average nominal wages jumped 6.9 percent to RUB 47,020 while annual inflation rate was at 5.2 percent.

Russia Jobless Rate Unchanged at 5-Month Low

Federal State Statistics Service | Joana Ferreira |
5/24/2019 1:09:48 PM