Unemployment in Belarus

Belarus Unemployment | Economic News & Forecasts

Belarus - Unemployment

A detailed release of national accounts data confirmed a loss of momentum in the third quarter, as the domestic economy shifted into a lower gear. Despite a tight labor market, inflation appeared to put a dampener on household spending. In addition, fixed investment decelerated further, logging its worst reading in over a year, partly due to cooling manufacturing output. On the external side, a slightly weaker ruble deterred imports and notched up exports. Meanwhile, available fourth quarter data suggests that household spending continued to ebb, dragged by decreasing retail sales. In December, President Alexander Lukashenko failed to negotiate lower oil prices from Russia, amid deteriorating relations between the two countries.

Belarus - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate0.5  0.5  1.0  0.8  0.8  

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Belarus Unemployment Chart

Belarus Unemployment
Note: Unemployment as % of active population (aop).
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).

Belarus Facts

Exchange Rate2.15-0.36 %Jan 14
Stock Market0.10.0 %Jan 10

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