The official unemployment rate was 35,3% in the fourth quarter of 2021.
The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2021 show that the number of employed persons increased by 262 000 to 14,5 million, and the number of unemployed persons also increased by 278 000 to 7,9 million in the 4th quarter of 2021 compared to the 3rd quarter of 2021. While the number of not economically active population decreased by 397 000 to 17, 4 million during this quarter. The number of discouraged work-seekers decreased by 56 000 (1,4%) and the number of people who were not economically active for reasons other than discouragement decreased by 341 000 (2,4%) between the two quarters.
These changes in the labour market resulted in the official unemployment rate increasing by 0,4 of a percentage point from 34,9% in the third quarter of 2021 to 35,3% in the fourth quarter of 2021 - the highest since the start of the QLFS in 2008. The unemployment rate according to the expanded definition of unemployment decreased by 0,4 of a percentage point to 46,2 % in quarter 4 2021 compared to quarter 3 2021.