Russia Unemployment Rate Up to 5.1%

Russian jobless rate increased for the second consecutive month to 5.1 percent in October of 2014 from 4.9 percent in September, above market forecasts.
Joana Taborda | joana.taborda@tradingeconomics.com 11/21/2014 1:19:58 PM
The number of unemployed people increased to 3.87 million in October from 3.72 million in September. A year earlier, the figure was 4.14 million.

796 thousand people were officially registered as unemployed in October, unchanged from September but down from 849 thousand a year earlier. 

Nominal wages rose at a slower 8.6 percent year-on-year in October, following a revised 9.7 percent increase in September. Real wages increased 0.3 percent above market expectations and real disposable income grew 2.1 percent.  

Russia Unemployment Rate Up to 5.1%