Unemployment rate decreases slightly

Unemployment rate decreases slightly

Quarterly changes reflect an increase in employment (22 000) and a decrease in unemployment (3 000). This resulted in a slight decrease in the unemployment rate from 25,5% in quarter 2: 2014 to 25,4% (0,1 of a percentage point) in quarter 3: 2014.

Job gains were recorded in both the formal (88 000) and informal (28 000) sectors between quarter 2 and quarter 3. Large gains in the formal sector were observed in the Construction (66 000), Trade (48 000) and Mining (23 000) industries. In the informal sector, the largest gains in employment were observed in the Construction (33 000), Manufacturing (14 000) and Transport (10 000) industries over this period.

Employment declines were observed in the Transport (-25 000), Community and social services (-22 000) and Manufacturing (-18 000) industries.

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