Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Russia
LRUN74TTRUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.25
Year-over-Year Change
-27.82%
Date Range
10/1/1992 - 12/1/2021
Summary
The Unemployment Rate Total: From 15 to 74 Years for Russia is a key labor market indicator that tracks the percentage of the Russian workforce between ages 15 and 74 who are jobless but actively seeking employment.
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
This infra-annual labor statistic provides a timely snapshot of labor market conditions in Russia, offering insight into the overall health and stability of the Russian economy. Economists and policymakers closely monitor this indicator to inform economic policy decisions.
Methodology
The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
This unemployment rate trend is a crucial input for Russian economic policy and forecasting.
Key Facts
- The unemployment rate in Russia was 4.4% as of January 2023.
- Russia's unemployment rate has remained relatively stable in recent years.
- The working-age population in Russia is between 15 and 74 years old.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Russian workforce between the ages of 15 and 74 who are jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health and stability of the Russian labor market and economy, making it relevant for economists, policymakers, and market analysts.
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 unemployment rate is a crucial input for Russian economic policy and forecasting, as it helps inform decisions and assessments about the overall state of the labor market and economy.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, providing timely insights into labor market conditions in Russia.
Related Trends
5-Bank Asset Concentration for Russian Federation
DDOI06RUA156NWDB
Cash surplus/deficit (% of GDP) for the Russian Federation
CASHBLRUA188A
Producer Prices Index: Type of Goods: Investments Goods: Total for Russia
RUSPITGVG01GPM
Number of Identified Exporters to Russia from Rhode Island
RIRUSA475SCEN
Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia
LFUNTTMARUQ647N
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Russia
RUSGDPDEFQISMEI
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Russia (LRUN74TTRUM156N), retrieved from FRED.