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Unemployment rate in EAEU down by 66% over year


Photo courtesy of the Eurasian Economic Commission

MOSCOW, 5 October (BelTA) – The unemployment rate in the Eurasian Economic Union (EAEU) has dropped by more than 60% within a year, official representative of the Eurasian Economic Commission Iya Malkina told a briefing on 5 October, BelTA has learned.

“The unemployment rate in the EAEU decreased by 66% in August compared to the same month a year earlier. The number of people registered with employment services at the end of August amounted to 1.36 million people,” Iya Malkina said.

“The number of unemployed accounts for 1.5% of the workforce. Last year this figure stood at 4.3%,” the representative of the Eurasian Economic Commission added.

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