Unemployment rate down to 5.5 pct in Q4 2016, youth unemployment, highest

The unemployment rate of last year's last semester decreased to 5.5 pct, as compared with the previous semester when it was at 5.7 pct and the highest unemployment level, of 20.8 pct was registered among young people (15-24 years), according to data released on Tuesday by the National Statistics Institute (INS). By gender, the gap between the two unemployment rates was one percentage point (5.9 pct in men against 4.9 pct in women) and by residency, of ...

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