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Unemployment rate 4.7% in November 2017
09 January 2018, 12:13 PM

By Edwig Ban
Seasonally adjusted unemployment rate accounted for 4.7 per cent in November 2017, showing a 0.2 percentage points decrease compared with the previous month, according to data released on Tuesday by the National Institute of Statistics (INS).
As many as 443,000 unemployed people (aged 15-74) were estimated for November 2017, which showed a downward trend from the previous months (451,000 people), and also from the same month of the previous year (492,000 people).
Moreover the unemployment rate for men exceeded the unemployment rate for women by 1.9 percentage points, the actual figures being 5.6 per cent for men and 3.7 for women.
For adults (25-74) the unemployment rate wast estimated at 3.8 per cent for November 2017 (4.7 in the case of men and 2.7 in the case of women). The number of 25-74 aged unemployed represented 74.8 of the total number of unemployed people estimated for November 2017.
The unemployment rate represents the weight of unemployed in the active population.

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