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Employment rate falls / Three sectors 'hit' by labor shortages

Employment rate falls / Three sectors 'hit' by labor shortages
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The year 2021 has marked a decline in the employment rate. In the first quarter of 2020, the employment rate for the population aged 15-64 is 59.0%.

According to INSTAT , for the first quarter of 2021 compared to the same quarter of 2020, the total number of employees decreased by 2.6%, while compared to the fourth quarter of 2020, this indicator decreased by 0.5 %.

In the first quarter of 2021, the official unemployment rate in Albania, for the population aged 15 and over, is 11.9%. For women, the labor force participation rate is 58.3%, while for men this indicator is 76.9%.

Employment rate falls / Three sectors 'hit' by labor shortages

In other words, employment decreased by 7.8% in the agricultural sector, by 0.3% in the services sector and increased by 1.5% in the industry sector.

Compared to the previous quarter, in the first quarter 2021, employment for the population aged 15 and over decreased by 0.5%. Employment increased in the services and industry sectors by 4.9% and 1.1%, respectively, while it decreased in the agricultural sector by 7.8%.

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