The March unemployment rate was 9.8%
The March 2017 unemployment rate stood at 9.8%, down by 0.1 percentage points (p.p.) from the previous month’s level and by 0.3 p.p. from three months before. That value corresponds to a null revision from the provisional estimate released one month ago and is the lowest observed estimate since February 2009 (9.7%).
The March unemployed population was estimated at 503.6 thousand people, having decreased by 0.9% from the previous month’s level (4.7 thousand fewer people), while the employed population was estimated at 4,649.5 thousand people, having increased by 0.4% (18.1 thousand more people) from the previous month’s level.
The provisional unemployment rate estimate for April 2017 was 9.8%. For this month, the provisional estimate for the unemployed population was 503.7 thousand people and for the employed population it was 4,646.2 thousand people.