Unemployment rate at 8.5% in February – Labor Ministry

Image : Shutterstock
Image : Shutterstock

The registered unemployment rate amounted to 8.5 percent in February, a decline of 0.1 percentage points month-on-month and 1.7 percentage points y/y, based on estimates from job centers, the Ministry of Family, Labor and Social Policy announced.

The number of registered unemployed amounted to 1.38 million, down by 0.9 percent m/m according to the ministry. It is the lowest unemployment rate registered since 1992.

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