Unemployment rate estimated at 13.9%
- 2nd Quarter 2014
05 August 2014
The unemployment rate estimated for the 2nd quarter of 2014 was 13.9%. This value is down 2.5 percentage points (p.p.) from the same quarter of 2013 and 1.2 p.p. from the previous quarter.
There were 728.9 thousand unemployed people, which corresponds to a year-on-year decrease of 15.9% and to a quarterly decrease of 7.5% (less 137.4 thousand and less 59.2 thousand people, respectively).
There were 4 514.6 thousand employed people, which corresponds to a year-on-year and to a quarterly increase of 2.0% (more 90.0 thousand and 87.7 thousand people, respectively).
The participation rate of the working age population stood at 59.0%, down 0.3 p.p. from the same quarter of 2013 and up 0.3 p.p. from the previous quarter.