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Russian Federation Unemployment Rate
Last Release
Sep 30, 2024
Actual
2.4
Units In
%
Previous
2.4
Frequency
Monthly
Next Release
Nov 27, 2024
Time to Release
26 Days 18 Hours
Highest | Lowest | Average | Date Range | Source |
14.1 Feb 1999 | 2.4 Jun 2024 | 6.93 % | 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 remained at a record-low 2.4% in September 2024 for the fourth consecutive month, in line with market expectations. 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 was unchanged at 1.8 million. In September 2023, the unemployment rate was higher at 3%.
Russian Federation Unemployment Rate History
Last 12 readings
