Unemployment falls below 30% in the last quarter of 2022

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Unemployment falls below 30% in the last quarter of 2022
Unemployment falls below 30% in the last quarter of 2022

Africa-Press – Angola. The economic studies office of Banco Fomento Angola (BFA) considers that the unemployment rate in Angola should again be below 30 percent in the last quarter of 2022, the lowest since 2019.

“Unemployment should break 30% again in the fourth quarter”, reads the note sent to customers, which comes after the disclosure, by the National Institute of Statistics of Angola (INE), of a reduction of 4.1 percentage points in the third quarter of 2022, compared to the same period, and 0.2 percentage points compared to the second quarter, when the rate was 30.2%.

“The recovery of the economy is leading to the beginning of a more persistent decline in the unemployment rate in Angola”, adds the note cited by Lusa.

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