Summary
The unemployment rate estimated for the 4th quarter of 2010 was 11.1%. This value is up 1.0 percentage points (p.p.) from the same quarter of 2009 and up 0.2 p.p. from the previous quarter. The number of unemployed was estimated to reach 619.0 thousand individuals, having increased by 9.9% from the same quarter of the previous year, and by 1.6% from the previous quarter. The number of employed decreased by 1.5%, compared with the same quarter of 2009, and by 0.3%, compared with the previous quarter.
The average unemployment rate for 2010 was 10.8%, recording an increase of 1.3 p.p. when compared with the previous year. The unemployed population reached 602.6 thousand individuals, up 14.0% from the previous year. The employed population recorded an annual decrease of 1.5%.