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Russian Federation Unemployment Rate

Last Release
Aug 31, 2023
Actual
3
Units In
%
Previous
3
Frequency
Monthly
Next Release
Nov 01, 2023
Time to Release
1 Months 3 Days 3 Hours
Highest
Lowest
Average
Date Range
Source
14.1
Feb 1999
3
Jul 2023
7.08 %1992-2023Federal State Statistics Service
In Russia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

Russia's unemployment rate remained stable at a historic low of 3% in August 2023, in line with market forecasts. The historically low reading comes with Russia's economy struggling through a severe worker shortage due to the war in Ukraine, mobilization, and emigration. The number of unemployed individuals dropped by 8 thousand from the previous month to 2.268 million, and the officially registered unemployed fell to 0.569 million in August from 0.586 million the month before. In August 2022, the jobless rate was higher at 3.8%.

Russian Federation Unemployment Rate History

Last 12 readings

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