Unemployment down in 2Q
Unemployment stood at 14.7% of the labour force in the second quarter of 2015, recording a decrease from the previous quarter (17.7%) and the corresponding quarter of 2014 (15.4%). According to the results of the Labour Force Survey for the second quarter of 2015, the number of employed persons amounted to 364,585 and the number of unemployed persons to 62,643.
The employment rate for persons aged 20-64 was 68.7% (males 72.7% and females 65.1%), an increase from the previous quarter. The unemployment rate for young persons aged 15-24 amounted to 31.7% of the labour force of the same age group recording a decrease from the previous quarter (37.1%) and from the corresponding quarter of 2014 (37.2%).