Unemployment Decrease under 14%
Albanian Daily News
Published September 12, 2017
Unemployment in Albania decreased recently under 14%. The Institute of Statistics (INSTAT) informed that in the second quarter of this year, the official rate of unemployment is 13.9%, the lowest level since 2012.
From this year, 2012 unemployment only decreased reaching the peak on 2014 with 18.2%. After this peak the level of unemployment continued to decrease gradually.
Women are more privileged in this sector, because unemployment for them is 2.4% lower than in men.
Meantime, the employment rate for people aged 15 and over in the 2nd trimester of 2017 is 57.3%. Employment shows an increase tendency during this trimester, compared to the same trimester of 2016. The employment rate growth was 3.4%, while a growth of 1.8% was registered in the first trimester of this year.