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Albania's Q3 unemployment rate falls to 11.4%

Dec 17, 2019, 2:33:37 PMArticle by Klaudjo Jonuzaj
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TIRANA (Albania), December 17 (SeeNews) – Albania’s unemployment rate decreased to 11.4% in the third quarter, from 12.2% in the like period of 2018, the national statistical office said on Tuesday.

Albania's Q3 unemployment rate falls to 11.4%
Author: Office of the prime minister of Albania. Licence: All rights reserved.

The employment rate among people aged 15 to 64 years rose to 61.5% in the July-September period, from 59.7% in the comparable quarter of 2018, INSTAT said in a quarterly labour force report.

During the third quarter of 2019, the unemployment rate among people aged 15 to 29 years dropped to 21.4% from 23.2% a year earlier.

Albania has a population of 2.86 million.

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