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In January, the unemployment rate stood at 6.0% and the labour underutilisation rate at 11.7%
Monthly Employment and Unemployment Estimates
In January, the unemployment rate stood at 6.0% and the labour underutilisation rate at 11.7% - January 2022
02 March 2022

Summary

December 2021:

The active population (5,196.0 thousand) increased by 0.3% from the previous month, by 0.6% from three months before and by 3.1% from the same month of 2020.

The employed population (4,893.3 thousand) increased from the three comparison periods: 0.8%, 1.2% and 4.3%, respectively.

On the other hand, the unemployed population (302.7 thousand) decreased from November (7.0%) and September 2021 (5.7%), as well as from December 2020 (12.6%).

The unemployment rate stood at 5.8%, down 0.5 percentage points (pp) from the previous month, down 0.6 pp from three months before and down 1.1 pp from a year earlier.

The inactive population (2,489.7 thousand) decreased from the three comparison periods: 0.7%, 1.0% and 5.7%, respectively.

The labour underutilisation rate was estimated at 11.4%, down 0.3 pp from the previous month, down 0.6 pp from three months before and down 2.3 pp from a year earlier.

January 2022:

The active population (5,184.1 thousand) decreased by 0.2% from December 2021 and increased by 0.3% from October and by 3.5% from January of the same year.

Likewise, the employed population (4,875.5 thousand) decreased by 0.4% from the previous month, having increased by 0.7% from three months before and by 4.7% from a year earlier.

On the other hand, the unemployed population (308.6 thousand) increased from the previous month (1.9%) and decreased from three months before (6.4%) and from January 2021 (12.2%).

The unemployment rate stood at 6.0%, up 0.2 pp from the previous month, down 0.4 pp from three months before and down 1.0 pp from a year before.

The inactive population (2,486.3 thousand) has decreased from the three periods under comparison: 0.1%, 1.1% and 6.8%, respectively.

The labour underutilisation rate stood at 11.7%, up 0.3 pp from the previous month, the same value as in three months before and down 2.3 pp from a year earlier.


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