Q1 unemployment rate drops: GSO Business

Q1 unemployment rate drops: GSO

Unemployment in the first quarter of 2022 shrank by 130,000 to around 1.3 million from the previous quarter, reflecting a labour market post-pandemic recovery, according to the General Statistics Office (GSO).
COVID-19 pandemic increases unemployment rate Society

COVID-19 pandemic increases unemployment rate

The COVID-19 pandemic has had great impact on the labour market, with an increase in the unemployment rate, according to the Department of Employment of the Ministry of Labour, Invalids and Social Affairs (MoLISA). ​
Domestic labour market shows rosy signs in Q4 Society

Domestic labour market shows rosy signs in Q4

Business and production activities are expected to pick up in the last three months of a year, thus helping with the recovery of the labour market from the negative impacts of the COVID-19 pandemic. Therefore, the unemployment rate is likely to drop and labourers’ income is expected to rise in the last quarter of this year, experts said.