URBAN UNEMPLOYMENT DIPS IN SEPTEMBER QUARTER

The unemployment rate in urban areas for 15 years and above slowed in the July-September quarter compared to the same year ago period but remained at the same level as in the previous April-June quarter, data showed on Wednesday. Data released by the ministry of statistics and programme implementation showed the joblessness rate slowed to 6.6% in the three months to July-September, lower than the 7.2% recorded in the same year earlier period. In the April-June quarter of the current fiscal year it was at 6.6%
The unemployment rate for males was 6.0% in July - September, lower than the 6.6% in the same three month period a year ago and slightly higher than the 5.9% recorded in the April-June quarter. For females, the rate slowed to 8.6% in the July-September period from 9.4% in July-September 2022 and lower than the 9.1% in the April-June quarter of this year.
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