Altai, Republic of - Unemployment rate

12.3 (%) in 2020Q2

In 2nd quarter 2020, unemployment rate for Altai, Republic of was 12.3 %. Though Altai, Republic of unemployment rate fluctuated substantially in recent years, it tended to increase through 2018 - 2020 period ending at 12.3 % in 2nd quarter 2020.

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What is unemployment rate?

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

What is Altai, Republic of unemployment rate?