Unemployment stays at record 4.7%

15.11.2021

UNEMPLOYMENT STAYS AT RECORD 4.7%

The level of registered unemployment in the country remained unchanged in October, remaining at a record low of 4.7 percent, according to data from the administrative statistics of the Employment Agency, said the press center of the Agency.

The decline on an annual basis is by 2.2 percentage points. Compared to the end of October 2019, which is generally a record in terms of employment growth, the unemployment rate also decreased significantly - by 0.9 points.

The registered unemployed at the end of October were 155,263, which is only 327 more than in September and 72,646, or 31.9 percent, less than a year earlier. In October, 25,332 new unemployed people registered with the labor offices, which is 3,595 more than in the previous month, and compared to October 2020 there is a decrease of 7,047 people. Another 575 people from the groups of jobseekers, students and pensioners also registered with the Employment Agency during the month.

In October, 15,319 unemployed people started working. The data from the administrative statistics of the Employment Agency report a decrease in their number by 3212 compared to September and by 7726 compared to the same month of the previous year, which corresponds to the reduced number of registered unemployed. Another 238 people from the groups of pensioners, students and employees have found their new jobs through the employment offices.

A total of 76 percent of those who started working in October are employed in the real economy, most of them employed in the manufacturing sector - 20.8 percent, followed by trade - 15.8 percent, hotels and restaurants - 7, 3 per cent, public administration - 5.6 per cent, education - 5.5 per cent, construction - 5.3 per cent, administrative and support service activities - 4.3 per cent, etc.

A total of 3670 unemployed people from the risk groups were employed in subsidized jobs during the month - 960 under employment programs and measures, and 2710 - under schemes of the operational program "Human Resources Development" (OP HRD). The "Employment for You" scheme under the HRD OP, which started in September 2020 as an anti-crisis measure, has provided employment to just over 41,000 unemployed, and only in October employment contracts were concluded with 1603 new people without a livelihood.

The provision of funds under the already well-known anti-crisis measure 60/40 continues, and with CMD № 322 from October 2021 its term was extended until the end of the year. From October 12, when the new procedure began, until the end of the month, labor offices have approved 1,320 applications from employers to keep the jobs of nearly 42,000 people who worked in August and September.

The number of jobs advertised on the primary labor market in October was 11,755, or 5,441 less than in the previous month and 8,068 less than in the same month in 2020, which is typical for the autumn-winter season. The largest share of vacancies in the real economy is declared in the manufacturing industry (29.3 per cent), followed by trade, repair of motor vehicles and motorcycles (14.7 per cent), administrative and support service activities (10.4 per cent), public administration (8 per cent). per cent), hotels and restaurants (7.3 per cent) and education (7.1 per cent).

The most sought after business professions during the month are: machine operators of stationary machines and equipment; builders; sellers; workers in the mining and processing industry, construction and transport; waste collection workers; metallurgists, machine builders (and related) and craftsmen; skilled workers in the production of food, clothing, wood products; drivers of motor vehicles and mobile equipment; staff caring for people; economic and administrative specialists.