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Unemployment rate was 5.4 pct in January 2017

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The seasonally adjusted unemployment rate was 5.4 pct in January 2017, down 0.1 percentage points from the previous month, the National Institute of Statistics (INS) said on Thursday. 

The number of unemployed (aged 15 to 74) was 488,000, down from the 493,000 jobless registered in the month before, and also from the 582,000 persons registered in the same month of 2016. 

By gender, at 5.8 percent, the male unemployment rate was 0.9 percentage points higher than the female unemployment rate (4.9 percent), reads the release. 

For adults aged 25 to 74, the estimated unemployment rate was 4.3 percent (4.8 for men and 3.7 percent for women); 74.6 percent of January's total estimated number of unemployed fall in this age bracket. 

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