Russia Annual Unemployment Rate
Russia's annual unemployment rate fell to 2.53% in 2024, down from 3.08% in 2023, according to World Bank. This represents a decrease of 0.55% from the previous year. Russia has annual unemployment rate lower than the global median (2.53% vs median 5.23%). Compared with the median in Europe, Russia is lower (2.53% vs regional median 5.49%) and ranks 38th out of 41 countries in Europe.
Yearly Historical Data (1991-2024)
(in %)Russia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Russia's labor force that is looking for work but does not have a job.