Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia
LFUNTTMARUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,648,821.00
Year-over-Year Change
-13.81%
Date Range
1/1/1999 - 10/1/2021
Summary
The Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia measures the unemployment rate among Russian men aged 15 and above. This key labor market indicator is closely monitored by policymakers and economists to assess economic conditions and inform 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 monthly unemployment statistic is a leading indicator of the Russian labor market. It provides a timely snapshot of employment trends, which is crucial for understanding the broader economic climate and potential future growth.
Methodology
The data is collected through national household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
This unemployment metric is widely used by the Russian Central Bank, Ministry of Economic Development, and international institutions to gauge the strength of the Russian economy.
Key Facts
- Russia's male unemployment rate averages around 4.5%.
- Unemployment among Russian men has remained relatively stable in recent years.
- This metric is a crucial input for monitoring the health of the Russian labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate among Russian men aged 15 and above, providing a timely indicator of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is a crucial data point for policymakers, economists, and analysts to assess the strength of the Russian economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national household surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: This unemployment metric is widely used by the Russian Central Bank, Ministry of Economic Development, and international institutions to gauge the strength of the Russian labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into Russian employment trends.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia (LFUNTTMARUQ647N), retrieved from FRED.