Employment Statistics, 4th Quarter 2012, INE

Page created: Wednesday, 13 February 2013 18:00GMT | Updated: Monday, 31 March 2014 17:20GMT

Press Release:  13 February 2013 - 9 Page(s)
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Employment  Employment Statistics  Unemployment

The unemployment rate estimated for the 4th quarter of 2012 was 16.9%. This value is up 2.9 percentage points from the same quarter of 2011 and 1.1 percentage points from the previous quarter.
There were 923.2 thousand unemployed people, which corresponds to a year-on-year increase of 19.7% and to a quarterly increase of 6.0% (more 152.2 thousand and 52.3 thousand people, respectively).
There were 4 531.8 thousand employed people, which corresponds to a year-on-year decrease of 4.3% and to a quarterly decrease of 2.7% (less 203.6 thousand and 124.5 thousand people, respectively).
The average unemployment rate for 2012 was 15.7%, recording an increase of 2.9 percentage points from the previous year. There were 860.1 thousand unemployed people, up 21.8% from the previous year (more 154.0 thousand people). The employed population recorded an annual decrease of 4.2% (less 202.3 thousand people).



Original title:  Unemployment rate at 16.9% - 4th Quarter 2012