Unemployment rate at 7.7% in March – Labor Ministry

The registered unemployment rate amounted to 7.7 percent in March, a decline of 0.4 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 1.25 million, down by 71.9k m/m according to the ministry. It is the lowest unemployment rate registered in April since 1991.