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28.02.2023. -
Labour market dynamics in the fourth quarter 2022

According to the LFS data, in the fourth quarter 2022, the number of the employed was 2 888 700, and the number of unemployed was 291 100. The employment rate for the mentioned period was 50.1%, and the unemployment rate was 9.2%. In comparison with the fourth quarter of 2021, unemployment rate was lower by 0.6 percentage points (p.p.), and the employment rate slightly increased, by 0.1 p.p.

Within total employment, there was the decrease in informal employment, while formal employment remained almost unchanged in the fourth quarter 2022 in comparison to fourt quarter 2021. Total informal employment decreased by 29 100 during the year, whereof the number of informally employed in agriculture decreased by 16 600, and in non-agriculture by 12 500. On a year-on-year basis, the number of formally employed in agriculture decreased by 8 500, while the number of formally employed in non- agriculture increased by 8 900.