Russia’s unemployment rate unexpectedly remained unchanged at 3.9 percent in June of 2022, same as that of May and much lower than market expectations of 4.2 percent. The number of unemployed rose by 500 thousand from a month earlier to 2.951 million while the number of employed rose by about 0.1 million to 72 million. Meanwhile, the employment rate remained unchanged at 59.8 percent. source: Federal State Statistics Service
Unemployment Rate in Russia averaged 7.22 percent from 1992 until 2022, reaching an all time high of 14.10 percent in February of 1999 and a record low of 3.90 percent in May of 2022. This page provides - Russia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Unemployment Rate in Russia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Unemployment Rate is projected to trend around 6.50 percent in 2023 and 7.00 percent in 2024, according to our econometric models.