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Albania: unemployment decreasing to 12.1% in first quarter

Labour force participation at 69%, employment rate at 60.3%

11 June, 13:54
(ANSA) - BELGRADE, 11 GIU - The unemployment rate in Albania dropped to 12.1% in the first quarter of the year, the Albanian Institute of statistics (Instat) said in a statement.

According to Instat, the official unemployment rate decreased by 0.4 percentage points compared to the first quarter of 2018 and by 0.2% compared to the fourth quarter of 2018.

In the first quarter of 2019, the labour force participation rate for the population aged 15-64 was 69.0%, 1.0% higher year-on year and 0.3% higher on a quarterly basis, Instat said.

In the same period, the employment rate for the population 15-64 is 60.3%, +1.9% on a yearly basis, with a stronger growth in the industry sector (+3.0%) and in the services (+3.6%). (ANSA).

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