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            
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