Unemployment in Russia rises to 7.2% after two months of decline
MOSCOW. May 20 (Interfax) - Unemployment in Russia rose in April, to 7.2% from 7.1%, following two months of decline, the Federal State Statistics Service (Rosstat) said.
Rosstat said there were 5.411 million jobless people at the end of April 2011, 59,000 more than at the end of March 2011 but 729,000 or 11.9% fewer than in April last year.
The number of unemployed as per International Labor Organization (ILO) methodology is 3.4 times the number of unemployed on the rolls of Russia's employment service.
Russia had 1.604 million registered unemployed at the end of April 2011, 39,000 fewer than at the end of March 2011. Of these, 1.4 million received unemployment benefit.
Unemployment in the crisis period peaked at 7.056 million in February 2009.