TIRANA (Albania), December 12 (SeeNews) – Albania’s unemployment rate dropped to 12.2% in the third quarter of 2018, from 12.4% in the prior-year period, the national statistical office, INSTAT, said on Wednesday.
The employment rate among people aged 15 to 64 edged up to 59.7% in the July-September period, from 59.2% in the second quarter of 2017, INSTAT said in a quarterly labour force report.
The unemployment rate among men was 12.6%, while among women it was 11.7%.
During the third quarter, the unemployment rate among people aged between 15-29 years dropped to 23.2% from 26.0% a year earlier.
Albania has a population of 2.87 million.