Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Russia
LFUN74MARUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,837,595.00
Year-over-Year Change
-47.18%
Date Range
1/1/1992 - 1/1/2021
Summary
This economic trend measures the unemployment rate for males aged 15 to 74 in Russia. It is a key indicator of labor market conditions and helps policymakers assess economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Russia tracks the percentage of the male labor force aged 15 to 74 who are unemployed in Russia. This data provides a detailed view of the Russian labor market and is widely used by economists and government agencies to evaluate economic health and guide policy decisions.
Methodology
The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
This trend is closely monitored by the Russian Central Bank and Ministry of Economic Development to inform monetary and fiscal policy.
Key Facts
- Russia's male unemployment rate averaged 6.6% in 2021.
- The male unemployment rate peaked at 9.1% during the COVID-19 pandemic in 2020.
- Youth unemployment (ages 15-24) remains higher than the overall male unemployment rate in Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for Russian males aged 15 to 74 years old. It provides a detailed view of labor market conditions in Russia.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for assessing the health of the Russian economy and labor market, and helps inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: The Russian Central Bank and Ministry of Economic Development closely monitor this trend to guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in data collection and publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Russia (LFUN74MARUA647S), retrieved from FRED.