March 13 (SeeNews) - Albania’s jobless rate dropped to 10.8% in the fourth quarter of 2022, down by 0.6 percentage points compared with the same period the previous year, the national statistical office said.
The employment rate among people aged 15 to 64 rose to 66.5% in the period under review, up from 62.1% in the prior-year period, INSTAT said in a quarterly labour force report on Friday.
In the October-December period, the unemployment rate among men was 10.7%, while among women it was 11.0%.
During the fourth quarter, the unemployment rate among people aged between 15 and 29 increased to 21.5%, up by 0.9 percentage points from the same period in 2021.