Unemployment rate stands at 5.4 percent in July, INS says

The seasonally adjusted unemployment rate was 5.4 percent in July 2020, by 0.1 percentage points higher than the previous month, according to a release from the National Institute of Statistics (INS).

The estimated number of unemployed (people aged 15 to 74) for July 2020 was 484,000 people, up from the previous month (474,000 people) and the same month last year (362,000 people).

By gender, the unemployment rate for men exceeded by 1.6 percentage points that of women (the values being 6.1 percent for men and 4.5 percent for women).

For adults (25-74 years), the unemployment rate was estimated at 4.3 percent for July 2020 (4.9 percent for men and 3.6 percent for women).

The number of unemployed aged 25 to 74 represents 75.1 percent of the total number of unemployed estimated for July 2020.

Via Agerpres

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