Albania: Unemployment goes down to 12.2%

Albania: Unemployment goes down to 12.2%

INSTAT, the country’s body in charge of statistics in Albania, has confirmed today that unemployment has gone down. According to the latest figures published by this institution, in the third quarter of this year, unemployment has gone down to 12.2%.

According to this office, compared to a year ago, unemployment has gone down by 1.4%. However, according to experts, unemployment rate among youth is still high, namely 23,2%, although this figure has gone down compared to a year ago.

On the other hand, INSTAT confirms that employment in Albania has increased to 59,7%, while the number of employees went up by 2,3%.

“The main sectors which have contributed for employment in the country are: industry sector with 3,9%, service sector with 2,5% and agriculture with 1,2%”, INSTAT reports. /ibna/