Unemployment data for 15yrs and above declined marginally in August as compared to July

 
 
The country’s unemployment rate for persons aged 15 years and above declined marginally to five per cent in August, compared with 5.1 per cent in July this year. According to the monthly labour force and unemployment data released by the Ministry of Statistics and Programme Implementation, the rural unemployment rate eased to 4.1 per cent in August, which is the lowest level since January this year. In contrast, the urban unemployment rate increased slightly to 6.8 per cent, marking a four-month high. Among females, the overall unemployment rate declined to 5.1 per cent, while the unemployment rate among males eased to 4.9 per cent in August.