4.9% is sky high (the last figure I heard this afternoon)?
Let me put it this way - the Russian and Ukrainian governments aren't real reliable with these kinds of figures. If you look in the CIA factbook for example, you'll find:
Russia:
Unemployment rate:
8.3% plus considerable underemployment (2004 est.)
Population below poverty line:
25% (January 2003 est.)
Ukraine:
Unemployment rate:
3.5% officially registered; large number of unregistered or underemployed workers; the International Labor Organization calculates that Ukraine's real unemployment level is around 9-10 percent (2004 est.)
Population below poverty line:
29% (2003 est.)
Now these figures are optimistic, and as I said, many of the people there listed as "employed" are not being paid for their work - how do I know? I've read about that in countless sources, been there and spoken to people who are in that situation, and my father-in-law is one of them! He is a cardiologist in a government hospital, and the head of treatment there. He only gets paid about half the time. The situation is so bad though that people are afraid to lose a job that doesn't pay them, so they keep showing up.
People not paid for the work they do? (I think I would have heard these complaints)
I don't know any nice way to say this, but if you are unaware of that, you are not real well informed. In addition to my personal involvement, I've read about it in economics, business, news, science publications. If you have been following events at all over the last decade there, I don't know how you can miss it.
Russia is doing better than Ukraine. The only reason though is that oil prices have shot up, and they are one of the world's largest oil producers. Their manufacturing, etc have collapsed, just as they have in Ukraine.
Viktor Yuschenko, the new president of Ukraine, seemed much better than Kuchma, we will see though - he has come under heavy criticism from the populace in recent months under corruption allegations.