Seasonally adjusted unemployment rate realized as 9.2%
According to Household Labour Force Survey; seasonally adjusted unemployed persons aged 15 years old and over decreased by 161 thousand to 3 million 218 thousand persons in the third quarter of 2023 compared to the previous quarter. Seasonally adjusted unemployment rate occurred as 9.2% with 0.5 percentage point decrease. Unemployment rate was estimated 7.5% for men and 12.5% for women.
Seasonally adjusted employment rate realized as 48.4%
The number of seasonally adjusted employed persons increased by 124 thousand to 31 million 724 thousand persons in the third quarter of 2023 compared to the previous quarter. Seasonally adjusted employment rate occurred as 48.4% without any change. In addition, this rate was 65.8% for men, 31.4% for women.
Seasonally adjusted labour force participation rate realized as 53.4%
The seasonally adjusted labour force decreased by 37 thousand persons to 34 million 942 thousand persons in the third quarter of 2023 compared to the previous quarter and the seasonally adjusted labour force participation rate was 53.4% with 0.1 percentage point decrease. Labour force participation rate was estimated 71.2% for men and 35.9% for women.
Seasonally adjusted youth unemployment rate was 17.1%
Seasonally adjusted youth unemployment rate in the 15-24 age group was 17.1% with 0.7 percentage point decrease compared to the previous quarter. Unemployment rate in this age group estimated as 14.2% for men and 22.4% for women.
Seasonally adjusted main labour force indicators, 15+ age, Quarter III: July-September, 2023
58% of seasonally adjusted employment was in the services sector
In the third quarter of 2023 compared to the previous quarter, the number of seasonally adjusted industry employment decreased by 226 thousand persons while agricultural increased by 30 thousand persons, construction increased by 42 thousand persons and services increased by 278 thousand persons. According to the distribution of employment by sector; 14.8% was employed in agriculture, 20.8% was employed in industry, 6.4% was employed in construction and 58% was employed in services.
Seasonally and calendar adjusted average weekly actual working hours was 44.0
Seasonally and calendar adjusted average weekly actual working hours of persons at work during the reference period decreased by 0.2 hours and estimated 44.0 hours compared to the previous quarter in the third quarter of 2023.
Seasonally adjusted composite measure of labour underutilization rate realized as 22.5%
The rate of composite measure of labour underutilization consisting of time-related underemployment, potential labour force and unemployment was 22.5% with decrease of 0.9 percentage points in the third quarter of 2023 compared to the previous quarter. While combined rate of time-related underemployment and unemployment realized as 14.9%, combined rate of unemployment and potential labour force realized as 17.3%.
Seasonally adjusted supplementary labour force indicators, Quarter III: July-September, 2023
The next release on this subject will be on December 11, 2023.
