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.

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Russia Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-29 04:00 PM May 3.9% 4% 4.5% 4.3%
2022-07-27 04:00 PM Jun 3.9% 3.9% 4.2% 4.3%
2022-08-31 04:00 PM Jul 5.2%


Related Last Previous Unit Reference
Unemployment Rate 3.90 3.90 percent Jun 2022
Unemployed Persons 3.00 2.90 Million Jun 2022
Employed Persons 72.00 71.90 Million Jun 2022
Employment Rate 59.80 59.80 percent Jun 2022
Labor Force Participation Rate 62.10 62.10 percent May 2022
Productivity -0.40 2.60 percent Dec 2020
Wages 62457.00 62269.00 RUB/Month May 2022
Wage Growth -6.10 -7.20 percent May 2022
Minimum Wages 15279.00 13890.00 RUB/Month May 2022
Wages in Manufacturing 57851.00 62675.00 RUB/Month Apr 2022
Population 145.55 146.20 Million Dec 2021

Russia Unemployment Rate
In Russia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.90 14.10 3.90 1992 - 2022 percent Monthly

News Stream
Russia Jobless Rate Steady at 3.9% Record Low
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.
2022-07-27
Russia Jobless Rate at New All-Time Low
Russia’s unemployment rate unexpectedly edged lower to a fresh record low of 3.9 percent in May of 2022, easing from 4.0 percent in the prior month and compared with market expectations of 4.5 percent. The number of unemployed people fell by about 0.1 million from a month earlier to 2.9 million people, while the employment rate went up to 59.8 percent, from 59.7 percent in April, although the number of people employed was little changed at 71.9 million people.
2022-06-29
Russian Unemployment at Record Low
Russia’s unemployment rate stood at a record low of 4 percent in April of 2022, easing further from the 4.1 percent from the prior month and below market expectations of 4.3 percent. The number of unemployed people fell by about 80 thousand from a month earlier to 3 million people, while the employed population rose by 400 thousand to 71.9 million people.
2022-06-01