National unemployment rate, down to 2.76 pct in October

 

The total number of unemployed at the end of October 2021 was 241,540 people, by 7,611 fewer than at the end of the previous month.

 

Of the total number of unemployed registered in October, 55,915 were beneficiaries of unemployment benefits and 185,625 were not drawing unemployment benefits.

 

Compared to September, the number of unemployed who collect benefits was by 2,881 lower, whereas the number of those who don't collect such benefits was down by 4,730.

 

By area of residence, there were 74,794 jobless people from urban areas, and 166,746 from rural areas.

 

Most unemployed were in the 40-49 age bracket (62,629 people), followed by those aged over 55 years (49,064), while unemployment was the lowest in the 25-29 age bracket (11,581 unemployed).

 

There were 49,037 unemployed people in the 50-55 years age range, another 38,343 unemployed in the 30-39 years age range, and 30,886 unemployed in the under 25 age bracket.

 

In terms of education level, the unemployed with secondary education account for 29.45 pct of the total number of unemployed in October, the unemployed persons with no studies or with just primary education account for 28.87 pct ofthe total number of ANOFM-registered unemployed, and those with higher education account for 5.33 pct of the total number of unemployed.