Russian Federation Unemployment Rate

Last Release

Nov 30, 2024

Actual

2.3

Units In

2.3

Frequency

Monthly

Next Release

Feb 05, 2025

Time to Release

1 Months 6 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
14.1 Feb 1999	2.3 Oct 2024	6.91 %	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 was at 2.3% in November 2024, holding the record low from the previous month and in line with market expectations. The result was in line with the analysis from the Central Bank of Russia, stating that the mobilization of Russian citizens to join the military and fight in Ukraine exacerbated labor shortages and reduced capacity in the Russian economy.