TIRANA, Sept 14 /ATA/ The official unemployment rate for young people aged 15-29 is 20.2%.
According to data published by the Institute of Statistics (INSTAT), the unemployment rate for young people, in the second quarter of this year, compared to the first quarter, has decreased by 0.5 percentage points.
But youth unemployment marked a slight increase compared to the same period in 2021.
Referring to INSTAT data, during the second quarter of 2022, the labor force participation rate for young people aged 15-29 is 55.3%.
This indicator has increased by 3.4%, compared to the second quarter of 2021, and by 0.1%, compared to the first quarter of 2022.
Meanwhile, the youth employment rate is 44.1%. Young people aged 15-29 who declared that they are pupils or students, or in training make up 68.2% of economically inactive young people.
Among economically inactive young people aged 15-29, 6.2% are rated as discouraged unemployed.
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