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Unemployment In Russia At Historic Low — Data
Unemployment in Russia fell to 3.5% in February, according to data released on Wednesday by the Federal State Statistics Service (Rosstat). The rate is the lowest since Rosstat began publishing the figures in 1991.
According to the report, the previous record low was recorded in January, when unemployment was 3.6%.
“In February 2023, 2.6 million people aged 15 and over were classified as unemployed (in accordance with the methodology of the International Labor Organization),” the statement reads.
Data showed that the number of jobless residents in February was 2.635 million, 99,000 fewer than in the previous month. Around 700,000 citizens had registered as unemployed in Russia as of the end of February.
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Unemployment in Russia fell to 3.5% in February, according to data released on Wednesday by the Federal State Statistics Service (Rosstat). The rate is the lowest since Rosstat began publishing the figures in 1991.
According to the report, the previous record low was recorded in January, when unemployment was 3.6%.
“In February 2023, 2.6 million people aged 15 and over were classified as unemployed (in accordance with the methodology of the International Labor Organization),” the statement reads.
Data showed that the number of jobless residents in February was 2.635 million, 99,000 fewer than in the previous month. Around 700,000 citizens had registered as unemployed in Russia as of the end of February.
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