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Unemployment rate estimated at 14.0%
Employment statistics
Unemployment rate estimated at 14.0% - 4th Quarter 2011
16 February 2012

Summary

The unemployment rate estimated for the 4th quarter of 2011 was 14.0%. This value is up 1.6 percentage points from the previous quarter.
The number of unemployed was 771.0 thousand, which corresponds to a quarter-on-quarter increase of 11.8% (more 81.4 thousand persons).
The number of employed was 4 735.04thousand, which corresponds to a quarter-on-quarter decrease of 2.4% (less 118.3 thousand persons).
The annual average unemployment rate was 12.7% in 2011 and the unemployed population was 706.1 thousand.



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