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November 12, 2019
COMPANIES ECONOMY Social SOCIAL & HEALTH

Unemployment rate in April unchanged from March, at 6.4 per cent

The unemployment rate in April was unchanged from March 2016, of 6.4 per cent, and the estimated number of the unemployed was 573,000, according to International Labour Office (ILO) standards, the National Institute of Statistics (INS) informed in a release.
‘The number of unemployed (aged 15-74 years) estimated for April current year is of 573 thousand persons, at the same level as compared to the previous month, and decreasing as compared to the same month of the previous year (633 thousand persons). According to the breakdown by gender, men’s unemployment rate was with 1.9 percentage points higher than that of women (the values concerned are 7.2pc for men and 5.3pc for women),’ says the INS release.
The unemployment rate of adult persons (aged 25-74 years) was estimated at 5.4pc for April 2016 (6.2pc for men and 4.3pc for women).
The number of unemployed aged 25-74 years accounted for 78.1pc of the total number of unemployed estimated for April 2016.

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