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Employment rate of working age population down to 62.3 pct in Q3 2021

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The employment rate of the working age population (15-64 years) was 62.3% in Q3. 2021, down 0.1 percentage points from the previous quarter, according to data released Friday by the of Statistics (INS).

The employment rate was higher for men (71.2% compared to 53.1% for women) and for people in urban areas (67.2% compared to 56.3% in rural areas).

According to INS data, the employment rate of young people (15-24 years old) was 20.6%.

On the other hand, the unemployment rate in Q3, 2012 was 5.3%, up 0.2 percentage points from the previous quarter.

By…

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