Russian Federation Unemployment Rate

Last Release

Oct 31, 2024

Actual

2.3

Units In

2.4

Frequency

Monthly

Next Release

Dec 27, 2024

Time to Release

28 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
14.1 Feb 1999	2.3 Oct 2024	6.92 %	1992-2024	Federal 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 decreased to a record low of 2.3% in October 2024, down from 2.4% in September and below expectations of 2.4%. This trend highlights the country’s continued labor shortage, worsened by the exodus of working-age men following Kremlin's military mobilization for the Ukraine conflict. The number of unemployed individuals fell to 1.753 million from 1.824 in September. The officially registered unemployed decreased to 0.360 million in October from 0.392 million.