Ministry of Labor: Unemployment at 10.8%

The registered unemployment rate amounted to 10.8 percent in May, a decrease of 0.4 percentage points month-on-month, based on estimates from job centers, the Ministry of Labor and Social Policy announced. The unemployment rate in May 2014 stood at 12.5 percent. The number of registered unemployed decreased by 284,400 compared with May 2014 and by 77,900 compared with April. The government expects that the unemployment rate will stand at 9.8 percent at the end of 2016. The Central Statistical Office will publish its data regarding May in late June.