Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia
Quarterly, Not Seasonally Adjusted
RUSLREMTTTTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.86
Year-over-Year Change
0.02%
Date Range
1/1/1999 - 10/1/2021
Summary
The Quarterly, Not Seasonally Adjusted series measures the percentage of total unemployed persons in the Russian Federation labor force. This metric is crucial for economists and policymakers to assess labor market conditions and inform economic policy decisions.
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 indicator tracks the quarterly unemployment rate in Russia without seasonal adjustments. It provides a raw view of labor force dynamics, which can reveal underlying trends and inform assessments of the broader economic environment.
Methodology
The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
Analysts use this unemployment rate to gauge the health of the Russian economy and shape fiscal and monetary policies.
Key Facts
- Russia's Q4 2022 unemployment rate was 3.7%.
- Unemployment peaked at 6.4% in Q2 2020 due to the COVID-19 pandemic.
- The rate has remained below 4% since Q3 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly unemployment rate in the Russian Federation, providing a raw view of labor force dynamics without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Russian unemployment rate is a crucial metric for economists and policymakers to assess labor market conditions and inform economic 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: Analysts use this unemployment rate to gauge the health of the Russian economy and shape fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a potential delay of several months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (RUSLREMTTTTSTQ), retrieved from FRED.