Albania’s unemployment rate stays flat at 12.8% in Q3 2013.

By bne IntelliNews December 2, 2013

Albania’s unemployment rate stood at 12.8% in Q3 2013, unchanged from the previous four quarters, data from the statistics office showed. The number of unemployed Albanians remained virtually unchanged both in annual and quarterly comparison at 141,856 at end-September 2013.

The country’s labour force increased by 0.5% y/y and by 0.6 q/q to 1.113mn in Q3. Private companies, operating in the non-agriculture and agriculture sectors, increased their staff by 0.8% q/q and 0.7% y/y. On the other hand, employment in the public sector declined by 0.45% y/y to 163,800 in Q3 2013.

The average monthly wage in the public sector rose 2.6% y/y and 1.7% q/q to ALL 52,600 (EUR 375).

Labour force survey           
  Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013
Labour Force  ('000) 1,107 1,108 1,106 1,106 1,113
Total employment   966 966 964 965 971
a) in public sector  164 164 164 164 164
b) in non-agricultural private sector  273 278 281 282 288
c) in agricultural private sector  529 524 519 519 519
Total unemployment ('000)  142 142 142 142 142
Unemployment rate %  12.8 12.8 12.8 12.8 12.8
Source: INSTAT            

Related Articles

Albanian oil firm Gulf reportedly under investigation for money laundering

Officials from oil distribution company Gulf Albania are under investigation for money laundering, media in Tirana reported on April 22. The owner of the group is Alexandre Gogokhia, a ... more

Albania wants to attract more US defence sector investments

Albanian Defense Minister Olta Xhacka said that Tirana wants more investments by the US military industry in Albania, after a US company launched work on the installation of the Integrated ... more

Bulgaria’s Borissov appeals to Western Balkan leaders to preserve peace

Boyko Borissov, prime minister of the current EU Council chair Bulgaria, called on April 10 on the leaders of the Western Balkan countries to preserve peace and ... more

Dismiss