Asset

Unemployment Rate

economic
stockPerformance
Updated: 30 Nov, 4:00 pm UTC
Deviation
-
Consensus
4.1%
Previous
3.9%
Actual
3.9%
03 Dec09 Feb30 Mar01 June27 July28 Sept30 Nov3.83.944.14.24.34.4
Description
Source: Russia
The Unemployment Rate released by the The Central Bank of the Russian Federation is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Russian economy. If the rate is up, it indicates a lack of expansion within the Russian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Russian Ruble, while an increase is seen as negative (or bearish).