Unemployment Rate

Date Time Left   Event Impact Previous Consensus Actual
Mar 21, 13:00  Unemployment Rate 5.6% 5.6%

Unemployment Rate

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).



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