01.12.2023

SLIGHT INCREASE IN UNEMPLOYMENT ON AN ANNUAL BASIS

The unemployment rate was 4.0%, or 0.4 percentage points higher than in the third quarter of 2022.

The employment rate for the population aged 15 - 64 years decreased by 0.6 percentage points compared to the same quarter of 2022 and reached 71.5%.

The coefficient of economic activity for the population aged 15 - 64 years is 74.6%, and compared to the third quarter of 2022, it decreases by 0.2 percentage points.

Discouraged persons aged 15 - 64 are 36.0 thousand, or 3.6% of the economically inactive persons in the same age group.

Unemployment

Unemployed persons in the third quarter of 2023 are 125.0 thousand, of which 69.9 thousand (55.9%) are men and 55.1 thousand (44.1%) - women. Compared to the third quarter of 2022, the number of unemployed persons increased by 14.0 thousand, or by 12.6%. For the same period, the unemployment rate increased by 0.4 percentage points and reached 4.0%, respectively 4.3% for men and 3.8% for women.

Of all unemployed persons, 17.1% have a higher education, 49.6% - a secondary education, and 33.3% - a primary or lower education. Unemployment rates by education level are 2.1% for higher education, 3.6% for secondary education and 12.0% for primary and lower education, respectively.

Long-term unemployed (unemployed for one year or more) are 66.3 thousand persons, or 53.1% of all unemployed. The rate of long-term unemployment is 2.1%, respectively 2.2% for men and 2.1% for women.

Of the total number of unemployed persons, 17.7 thousand, or 14.1%, are looking for their first job.

The unemployment rate for the age group 15 - 29 years of age in the third quarter of 2023 was 8.3% (9.0% for men and 7.4% for women). Compared to the same quarter of 2022, this ratio is higher by 0.3 percentage points, which is entirely due to an increase in women.