Moldova's Q3 jobless rate rises to 4.1%

The number of unemployed individuals in the country of 2.5 million people was 39,200 at the end of September, compared to 22,300 a year earlier, the National Bureau of Statistics, NBS, said in a statement.

The jobless rate was 12.8% among people aged between 15 and 24, up from 12.1% a year earlier, and 4.2% among people aged between 20 and 64, up from 2.3% in the July-September period of 2022.

People in active age increased by an annual 5% to 947,100 in the third quarter. The number of employed grew by 3.2% on the year to 907,900.

The unemployment rate among men in Moldova in the review period was 4.5% versus 3.8% among women.

The statistics bureau also said the jobless rate reached 5.1% in urban areas, compared to 3.4% in rural areas.

During the second quarter of 2023, Moldova's unemployment rate stood at 3.8%.

In 2022, Moldova’s unemployment rate inched down to 3.1% from 3.2% a year earlier.