13.Nov .2020 19:00

Unemployment in Russia in September 2020

Unemployment in Russia in September 2020
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The unemployment rate (the ratio of the number of unemployed to the number of the labor force) of the Russian Federation in September 2020 was 6.3%.
 
According to Federal State Statistic Service (RosStat), the number of workers aged 15 and over in September 2020 amounted to 75.3 million people, of which 70.5 million people were classified as employed in economic activities and 4.8 million people were classified as unemployed, meeting the ILO criteria (i.e. did not have a job or profitable occupation, were looking for a job and were ready to start it in the surveyed week).
 
The employment rate (the ratio of the employed population to the total population aged 15 and over) in September 2020 was 58.3%.
 
Among the unemployed aged 15 and over, the share of women in September 2020 was 50.4%, urban residents - 69.9%, youth from 15 to 25 years old - 16.2%, people with no work experience - 20, 7%.
 
The unemployment rate among rural residents (8.4%) exceeds the unemployment rate among urban residents (5.7%). The female unemployment rate (6.5%) exceeds the male unemployment rate (6.2%).
 
The salaries of Russians in the first half of 2020 grew by 5.8% compared to the same period last year, RosStat reported. Thus, the average amount that employers paid to their employees in July was USD 642.49 (49,844 rubles).
 
Traditionally, the highest salaries are for workers in the far North and equal territories: for example, in the Chukotka Autonomous Okrug, by the middle of the year, its amount increased to US$ 1,501.49 (116485 rubles), and in the Yamalo-Nenets Autonomous Okrug - up to US$ 1,455.84 (11, 2943 rubles). 
 
The average salary in Moscow reached US$ 1,248.09 (96,826 rubles), almost one third ahead of the salaries of residents of St. Petersburg. The lowest average salary in Russia was found in the Ivanovo region of the Central Federal District – US$ 355.22 (27,558 rubles).