24.7% Unemployment Rate during the fourth Quarter of 2020
The Department of Statistics issued its quarterly report on the Unemployment Rate for the fourth quarter of 2020; the following are the main results of this survey:
Unemployment:
- The results show that the Unemployment Rate has reached (24.7%) during the fourth quarter of 2020; representing an increase by 5.7 percentage points of the fourth quarter 2019.
- The Unemployment Rate for males has reached (22.6%) during the fourth quarter of 2020 against (32.8%) for females. It becomes clear that the Unemployment Rate has increased for males by 4.9 percentage points and for females by 8.7 percentage points compared with the fourth quarter of 2019.
- Comparing the unemployment rate for the fourth quarter with the third quarter of 2020 shows that the unemployment rate increased by 0.8 percentage points; males increased by 1.4 percentage points, while it decreased for females by 0.8 percentage points.
