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Results of the Employment Survey for May – July 2007


According to the results of the Employment Survey released by the Statistics and Census Service, the unemployment rate for May-July 2007 was 3.1%, up by 0.1 percentage point over the previous period (April-June 2007), on account of the increasing number of job-seekers during the summer holiday period. The underemployment rate was up by 0.1 percentage point over the preceding period to 1.1%. The number of unemployed was 9,500 and about 1,600 were searching for their first job, corresponding to 16.6% of the total unemployed, up by 5.0 percentage points over the preceding period. The unemployment rate in May-July 2007 fell by 0.9 percentage point over the same period of 2006, while the underemployment rate remained unchanged from a year earlier. The unemployment situation was improved in the Construction and Manufacturing sectors, while the situation in other sectors remained stable. Total labour force was estimated at 310,700, with 301,200 were employed. Labour force participation rate was 69.5%, up by 0.8 percentage point compared with the previous period and by 3.4 percentage points year-on-year.



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