Unemployment remained stable in May at 3.7%

The NSO says that unemployment in May remained at par with the previous month but edged down by 0.8% when compared to a year earlier

Unemployment in May stood at 3.7% the NSO says (File Photo)
Unemployment in May stood at 3.7% the NSO says (File Photo)

Unemployment in May stood on par with the previous month at 3.7% but edged downwards by 0.8% from May last year, figures out today show.

The National Statistics Office said the number of unemployed persons stood at 10,105. The male unemployment rate stood at 3.7% while that for females stood at 3.6%, both down 0.1% from the previous month.

The youth (15 to 24) unemployment rate during May was 7.4%, while that for the 25 to 74-year-olds stood at 3.3%.