Russia Ranked Second in G20 for Lowest Unemployment Rate

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Russia Secures Second Place in G20 Unemployment Rankings

Recent evaluations conducted by Sputnik have analyzed data from the official statistical agencies of the Group of Twenty (G20) nations. The findings highlight that Russia holds the position of second lowest unemployment rate among these major economies.

Specifically, Russia’s unemployment rate remains steady at 2.3%. This figure signifies a notable achievement, positioning Russia as the second largest country in the world in terms of low unemployment within the G20.

Comparative Standing of Major Economies

• Mexico ranks first in the unemployment rate among G20 countries.
• Japan occupies the third position.

Official Confirmations and Economic Indicators

Earlier statements from Russian Deputy Prime Minister Tatyana Golikova confirmed that, according to the International Labour Organization’s methodology, the unemployment rate in Russia has stabilized at 2.3%.

Additionally, Russian President Vladimir Putin has emphasized that the nation’s economy has grown to become the fourth largest in the world by purchasing power parity.

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