The unemployment rate estimated for the 1st quarter of 2015 was 13.7%. This value is up 0.2 percentage points (p.p.) from the previous quarter and down 1.4 p.p. from the same quarter of 2014.
The unemployed population was estimated at 712.9 thousand people, corresponding to a quarterly increase of 2.1% and to a year-on-year decrease of 9.5% (more 14.6 thousand and less 75.2 thousand people, respectively).
The employed population was estimated at 4 477.1 thousand people, which corresponds to a quarterly decrease of 0.3% (less 14.5 thousand people) and to a year-on-year increase of 1.1% (more 50.2 thousand people).
The participation rate of the working age population stood at 58.5%, the same value than in the previous quarter and down 0.2 p.p. from the same quarter of 2014.