Unemployment rate

5.4 (%) in 2020Q2

In 2nd quarter 2020, unemployment rate for Magadan Region was 5.4 %. Though Magadan Region unemployment rate fluctuated substantially in recent years, it tended to increase through 2018 - 2020 period ending at 5.4 % in 2nd quarter 2020.

The description is composed by our digital data assistant.

Unemployment rate - % of economically active population- (with regard to ILO) is calculated as the number of unemployed population of definite age group divided by economically active population of corresponding age group (percent; annual average

Date Value Change, %
2020Q2 5.4 3.85%
2020Q1 5.2 18.18%
2019Q4 4.4 -8.33%
2019Q3 4.8 -2.04%
2019Q2 4.9 13.95%
2019Q1 4.3 -10.42%
2018Q4 4.8 0.00%
2018Q3 4.8 -2.04%
2018Q2 4.9 -14.04%
2018Q1 5.7 5.56%
2017Q4 5.4 20.00%
2017Q3 4.5