Employment and unemployment (provisional estimates) - September 2022

In September 2022 the number of both employed and unemployed persons rose, while a drop was recorded for inactive people.

On a monthly basis, the growth of employment (+0.2%, +46 thousand) involved both genders and people aged 25-49 years, while for youngers and olders employment decreased. Overall, the employment rate rose to 60.2% (+0.2 p.p.).

In the last month, the increase of unemployed persons (+0.4%, +8 thousand) was recorded for men and people in the age groups of 15-24 and 35-49 years. The unemployment rate remained unchanged at 7.9% and the youth rate climbed to 23.7% (+1.6 p.p.).

In September the decrease of inactive people aged 15-64 (-0.7%, -86 thousand) concerned both genders and peole aged less than 50 years. The inactivity rate fell to 34.6% (-0.2 p.p.).

In the period July-September 2022, with respect to the previous quarter (April-June 2022), employment declined (-0.1%, -22 thousand).

In the last three months, unemployed persons fell (-2.4%, -48 thousand) while an increase was registered for inactive people aged 15-64 years (+0.3%, +40 thousand).

Compared with September 2021, the number of employed persons increased by 1.4% (+316 thousand), the growth concerned both genders and all age groups except 35-49 years; the employment rate showed an increase of 1.3 p.p.

On a yearly basis, the rise of employed people was accompanied by a decrease of both unemployed persons (-11.8%, -266 thousand) and inactive people aged 15-64 (-2.6%, -344 thousand).