The unemployment rate rose by 3.3 points to reach 12.7% in the third quarter of 2020, according to the High Planning Commission (HCP).
This rate recorded a sharp increase in both rural and urban areas, going from 4.5% to 6.8% and from 12.7% to 16.5% respectively, said the HCP in an information note on the labor market situation in Q3 2020.
The number of unemployed among men increased by 368,000 people between Q3 2019 and Q3 2020, from 1,114,000 to 1,482,000, which corresponds to an increase of 33%, the source added.
This increase is due to a rise of 276,000 unemployed men in urban areas and 92,000 in rural areas.
The unemployment rate also rose sharply among women, from 13.9% to 17.6% and among men, from 8% to 11.4%, while it saw a sharp increase among people aged between 15 and 24 years (+ 5.7 points), from 26.7% to 32.3%, HCP said.
The unemployment rate for graduates rose by 3.2 points, from 15.5% to 18.7%, according to the same source.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.