The unemployment rate has dropped in the third quarter to 16.2% from 18% in the second quarter, the National Institute of Statistics (INS) announced Sunday.
Indeed, the number of unemployed estimated for the third quarter is 676,600 of the total workforce, compared to 746,400 unemployed in the previous quarter.
The rate of unemployment has evolved in the same direction according to gender, decreasing to 13.5% for men and 22.8% for women in the third quarter of 2020.
Among young people, the unemployment rate is 35.7%. This rate is estimated at 35.4% for men and 36.2% for women.
The INS indicated that among the population at risk, 69,300 people are reported to have lost their jobs due to the pandemic.
Among them, 29,000 would not have returned to work though their employers resumed operations.
In addition, the number of graduates from higher education is estimated at an average of 281,000 in the third quarter of 2020 against 285,400 in the second quarter of 2020, a decrease of 4,400 graduates.
The rate of unemployment for this group has decreased from 31.2% to 30.1%.