Unemployment down 17.4% in October

11:29 - 07 November 2023

Economy

The number of registered unemployed people decreased by 17.4% in October, reflecting a drop of 1,951 people compared to October 2022.

According to Cystat, the end of October 2023 saw a total of 9,232 registered unemployed people, down from 11,183 in October last year.

These figures represent a positive trend in reducing unemployment, primarily attributed to sectors like commerce, accommodation services, and catering, as well as construction and public administration.

Based on seasonally adjusted data, the number of registered unemployed in October 2023 reached 11,747, compared to 11,897 the previous month and 13,695 in October 2022.

This marks a reduction of 1,951 individuals or 17.4%, with improvements seen particularly among newcomers to the job market.

Unemployment down 17.4% in October

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