In December 2011-February 2012 the dynamic increase of the number of employees has continued in comparison to the corresponding period of the previous year – the Central Statistics Office (KSH) reports. The number of employed aged 15-74 has increased substantially, more than in the previous period, by 51 000 to 3 million 794 thousand from 3 million 743 thousand a year before and thus the rate of employment rose to 49.5 percent. Among the population aged 15-64 years the number of employed increased by 50 000 to 3 million 761 thousand from 3 million 711 thousand a year before and thus the rate of employment rose to 55.8 percent.
According to the latest labour market data of the KSH, in December 2011-February 2012 on an annual basis the number of employed increased already for the 19th time. Among the population aged 15-74 years the number of employed increased (year/year) by 1.4 percent which is higher than the 1.1 percent registered in the previous period. Consequently, the rate of employment for this age group increased from 48.7 percent in the corresponding period of the previous year to 49.5 percent. In the age group of 15-64 years this figure increased by 1.3 percent on an annualized basis.
As far as the aspect of gender in employment is concerned, the employment rate of men aged 15-64 years increased by 1.1 percent to 60.8 percent, while this rate for women increased higher than in the previous period by 0.9 percent (50.9 percent). Among men aged 15-64 years 2 million 16 thousand had a job, which is 25 000 more than in the corresponding period of 2010, whereas the number of jobs among women increased to 1million 746 thousand. As per age groups, the number of employed increased by 1.8 percent in the most favourable age group (25-54 years), while among the population aged 55-64 years it improved by 0.5 percent. The employment rate of the population aged 15-24, however, is still low (17.5 percent).
Source: KSH
We consider it a tendency that employment has been increasing steadily in spite of the unfavourable external market conditions of the past one-and-a-half years.
(Ministry for National Economy)
