Labor Force Participation Rate in Russia decreased to 68.20 percent in September from 68.30 percent in August of 2019. Labor Force Participation Rate in Russia averaged 68.46 percent from 2000 until 2019, reaching an all time high of 70.30 percent in August of 2016 and a record low of 64.20 percent in December of 2001. source: Federal State Statistics Service

Labor Force Participation Rate in Russia is expected to be 62.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Russia to stand at 62.50 in 12 months time. In the long-term, the Russia Labor Force Participation Rate is projected to trend around 63.00 percent in 2020, according to our econometric models.

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Russia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
68.20 68.30 70.30 64.20 2000 - 2019 percent Monthly

Russia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

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 68.20 68.30 70.30 64.20 percent [+]
Productivity 1.50 -0.30 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 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 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 [+]