TIRANA, Dec 14 /ATA/ Unemployment rate has declined in the third quarter of the year, reflecting the improvement of economic activity in the country.
INSTAT published the official labour force statistics, according to which, “the official unemployment rate in Albania is 11.3% in the third quarter of 2021. Unemployment decreased by 0.3 percentage points, as compared to the third quarter of 2020, as well as the second quarter of 2021 ”.
According to INSTAT, the official unemployment rate for men is 10.9% and for women 11.7%. Compared to the corresponding quarter of 2020, the unemployment rate decreased by 0.5 percentage points for men, and decreased by 0.1 percentage points for women.
Unemployment among young people has also dropped. INSTAT announced that the official unemployment rate for young people aged 15-29 is 19.9%. Compared to the third quarter of 2020, the youth unemployment rate in the third quarter of 2021 decreased by 0.8 percentage points.
Compared to the second quarter 2021, this indicator has not changed.
The unemployment rate for the 30-64 age group is 8.7%. In annual terms, this indicator decreased by 0.3 percentage points, while compared to the previous quarter it decreased by 0.8 percentage points.
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