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Russia jobless rate stays at record low of 3.9% in July

Published by Uma Rajagopal

Posted on September 1, 2022

1 min read

· Last updated: February 4, 2026

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Job fair in Krasnoyarsk highlighting Russia's low unemployment rate of 3.9% - Global Banking & Finance Review
A bustling job fair in Krasnoyarsk, Russia, where attendees explore employment opportunities amid a record low unemployment rate of 3.9% as reported in July 2022. This image captures the vibrancy of the job market in Russia, reflecting the overall economic stability.
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MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless rate staying at the record low reached in May, the statistics service said on Wednesday. Analysts polled by Reuters had forecast unemployment of 4.1%. Rosstat provided the following data: RUSSIAN UNEMPLOYMENT July […]

MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless rate staying at the record low reached in May, the statistics service said on Wednesday.

Analysts polled by Reuters had forecast unemployment of 4.1%.

Rosstat provided the following data:

RUSSIAN UNEMPLOYMENT July 22 June 22 July 21

No. unemployed (mln) 2.900 2.951 3.430

Officially registered (mln) 0.821 0.841 1.326

Jobless rate (%) 3.9 3.9 4.5

NOTE – Figures based on the methodology of the International Labour Organisation.

(Reporting by Reuters)

Frequently Asked Questions

What is Rosstat?
Rosstat is the Federal State Statistics Service of Russia, responsible for collecting and analyzing statistical data related to the economy, population, and social conditions.
What is the workforce?
The workforce refers to the total number of people engaged in or available for work, including both employed and unemployed individuals.

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