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Realtime News
Home > News > Realtime News
Home > News > Realtime News
February Unemployment Rate Rises to 3.39%
Posted on 2024-03-22 17:27:13
The Directorate General of Budget, Accounting and Statistics announced that
the unemployment rate for February experienced a rise, marking the end of a
five-month downward trend.

The increase of 0.08 percentage points brings the rate to 3.39-percent.

After adjusting for seasonal factors, the unemployment rate slightly edged up
to 3.40-percent, showing a modest month-on-month increase of 0.01 percentage
points.

The shift is attributed to the conclusion of temporary jobs after the Lunar
New Year and the onset of the annual job-switching period, which together
contributed to a reduction in employment figures and an uptick in
unemployment numbers.

(PB)

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