Employment situation "steadily improving"

According to the February Labor Force Survey released by the Ministry of Internal Affairs and Communications on February 31, the unemployment rate (seasonally adjusted) was 2.8%, a 0.2 point decrease (improvement) compared with the previous month. Improvement for 2 consecutive months. It was the lowest in 22 years and 8 months since June 1994 (2.8%). QUICK summarized the median market forecast was 3.0%. The labor supply and demand situation was tightened due to the shortage of workers continued.

Looking at the unemployment rate by gender, males dropped by 0.1 points from the previous month to 3.0%, the low level since June 1995. Women remained flat at 2.7%.

The total number of unemployed people was 1.9 million, decreased by 80,000 from the previous month. Thirty thousand people decreased "involuntary departure" such as workplace circumstances and retirement age, "voluntary departure" decreased by 100,000 people. "New job seeking" increased by 50,000 people.

The number of employed people decreased by 210 thousand to 64,830 thousand, with the number of employees dropping by 110 thousand, 57.76 thousand. The Ministry of Public Management, Home Affairs, Posts and Telecommunications showed the employment situation "steadily improving" about employment trends.