BUSINESS IN SHORT

Unemployment down in H1 2008

THE STATISTICS Office has reported that the number of unemployed decreased to 275,700 by the end of the first half of this year.That is a drop of 7.2 percent year-on-year.

THE STATISTICS Office has reported that the number of unemployed decreased to 275,700 by the end of the first half of this year.That is a drop of 7.2 percent year-on-year.

The average national unemployment rate fell by 1 percentage point to 10.3 percent, the office stated.

In Q1 alone, the number of unemployed declined 7 percent year-on-year to 270,800 and the average joblessness rate for the period declined by 1 percentage point to 10.1 percent.

The office ascribed the favourable development to a drop in the number of persons with unidentified last jobs by 4,200 and a last job in industry by 3,500.


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