INS: Unemployment rate down to 5.3 pct in June

The unemployment rate in June 2017 decreased by 0.1 percentages points as compared to the
previous month (5.4 percent) , according to data released this Monday by the National Institute of Statistics (INS). There were 470,000 unemployed this June, according to same source.

The number of unemployed (17-74 years), estimated for June was 470,000 persons, a drop compared with the previous month (478,000 persons), as well as compared with the same month of of 2016 (527,000 persons).

The unemployment rate for men exceeded by 1.5 percentage points that of women, 5.9 percent in case of males and 4.4 percent in case of females.

For adults (25-74 years), the unemployment rate was estimated at 4.2 percent for June (4.8 percent in case of males and 3.3 percent for females).

The number of unemployed of 25-74 years represent 74 percent from the total number of unemployed estimated for June.

The unemployed, according to the international definition, are the persons between 15-74 years who don’t have a job, who are available to start the work in the next two weeks and actively searched a workplace in the last four weeks.