From September 2021 to October 2021, the total labor force decreased by 2,360 to 747,320. Total employment in Montana grew by nearly 2,400 jobs last month to 525,220, while the labor force expanded by nearly 1,200 workers to just over 542,000. Mongolia, Pakistan, Indonesia and Philippines have the highest employment rates in Asia. OECD monthly unemployment rate fell slightly to 6.0% in August 2021 . By the end of September, 28% of the total population was fully vaccinated. Unemployment rate continues to fall in the OECD area, reaching 5.8% in September 2021 Download the entire news release (graphs and tables included, PDF) 9 Nov. 2021 - The monthly unemployment rate in the OECD area fell for the fifth consecutive month in September 2021, to 5.8% (from 6.0% in August), 0.5 percentage point above the pre-pandemic . Lao PDR unemployment rate for 2020 was 0.95%, a 0.33% increase from 2019. Germany Harmonised Unemployment Rate 2021 Data | 2022 Forecast | 2020 Historical Summary Calendar Laos has made headway in poverty reduction, with the poverty rate almost halving from 46% in 1992/93 to 22% in 2012/13. VIENTIANE, Oct. 25 (Xinhua) -- The Lao People's Revolutionary Party (LPRP) Central Committee has resolved to systematically address issues concerning the inflation rate and debt, while creating more jobs. A now hiring sign flaps in the wind in front of an Iowa Staffing building May 6, 2020, in Des Moines, Iowa. That was the lowest unemployment rate in Santa Cruz County since February 2020, when it was 7.2 percent. Laos's economic freedom score is 53.9, making its economy the 141st freest in the 2021 Index. By September 2020, the unemployment rate decreased to 7.9%. Download the entire news release (graphs and tables included, PDF) 13 Oct. 2021 - The OECD area monthly unemployment rate fell for the fourth consecutive month, albeit slightly, in August 2021, to 6.0% (from 6.1% in July). Latvia's unemployment rate eased to 7.2 percent in the third quarter of 2021 from 7.9 percent in the previous quarter, as the number of unemployed declined by 5.5 thousand to 67.9 thousand while employment rose by 15 thousand to 877 thousand. And job growth resumed last month, with the state adding 4,700 more jobs . The job growth, combined with an expansion of the labor force puts the unemployment rate at 3.3%, with 2,200 people unemployed, well below the 6.4% rate (4,209 people) in September 2020 and down from the 3.6% in September 2019. After the lockdown was imposed last year, the unemployment rate soared to 23.5% in April, followed by 21.7% in May. The state's current unemployment rate is about half that level. Unemployment Rate in Laos is expected to reach 1.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. While the rate remains 0.7 percentage point above the pre-pandemic rate as at February 2020, this . Employment status of the civilian population by sex and age - 2021 M10 Results. The report showed that the local economy added 195 jobs in October. Although the labour market outlook has improved thanks to the decline in COVID-19 cases, Japan's high vaccination rate and lifting of emergency restrictions, the . Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. The statistic shows the youth unemployment rate in Laos from 1999 and 2019. Data refer to place of residence. VNA Monday, November 22, 2021 17:39 Related News Research expert covering historical data. Next, let's highlight the lists of countries with the highest and lowest unemployment rates in 2021. The rate was 6.2 percent one year ago. Data published Quarterly by Ministry of Human Resources and Social Security. Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Laos - Tingkat Pengangguran. Get in touch with us now. Unemployment in Northeast Mississippi dropped for a fourth consecutive month in October, with the jobless rate falling to 3.4% A month earlier, the unemployment rate had fallen to 3.9%, the lowest . Take-profit.org provides data on the percentage of employed people in the Laos labour market. -- Preliminary September unemployment rate was down seven-tenths to 2.4 percent over the month. Unemployment Rate in China remained unchanged at 5 % in the second quarter of 2021. Recovery is expected over 2021 and in the medium term. PUTRAJAYA (Bernama): The unemployment rate in Malaysia for August 2021 declined by 4.6 per cent to 748,800 persons versus 778,200 persons in July 2021 amid more economic activities permitted to . OECD unemployment rate falls further to 6.2% in July 2021 . In 2020, the unemployment . Published by Statista Research Department , Mar 29, 2021. 1995 2000 2005 2010 2015 2020 % 4.0 4.5 5.0 5.5 6.0 6.5 7.0 World. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business Lao ruling party resolves to address inflation, debt, unemployment. Taking updated economic conditions into account, we believe the 2021 year-end . The national unemployment rate was 6.0 per cent. It should be noted that high employment is not always an indication of the well-being of a country. unemployment rate in 2021 will be 18 percent. Thailand's labour market has been severely affected by the strict measures to control the spread of Covid-19, with the unemployment rate jumping to 2.25% in . Minnesota's 3.5 percent unemployment rate isn't evenly felt across demographic groups, with Black and Hispanic residents more likely to be out of work than those who are white. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. CPI: 113,95: 113,61: 114,42: 115,81: 116,38: 116,93: 118,51 . The state's . (The Center Square) - Jobs in the leisure and . Mongolia has the highest employment rate in Asia with 7.3 per cent. Note: Rates shown are a percentage of the labor force. Based on the preliminary results of the September Labor Force Survey (LFS), the number of unemployed Filipinos increased by 370,000 in September from August 2021. This was a decrease of 14,060 from October 2020. Lao PDR unemployment rate for 2019 was 0.62%, a 0.02% decline from 2018. Aaron O'Neill. Line Bar Map. This page provides the latest reported value for - Laos Inflation Rate - plus previous releases, historical high and . "The government has acknowledged that there is a mismatch in the supply and demand of workers in some areas," Vientiane Times reported on August 19. In this post, we (1) provide an overview of the state's UI system financing . GDP growth will decline to −0.6 percent in 2020, as all sectors experience adverse effects of varying intensity. This statistic presents the unemployment rate for individuals aged 15 to 24 years in Laos from . This page provides forecast and historical data, charts, statistics, news and updates for Laos Unemployment Rate. For instance, Niger had only 0.5% unemployment in 2020, but its GDP per capita was $553.9 in 2019 . The nation's labor force decreased by . Lao PDR Youth Unemployment Rate 1991-2021. As a result, the $555 million interest payment is based on an implausibly large projection of outstanding federal loans at the end of 2021— $48 billion. 10Y. The benchmark interest rate in Laos was last recorded at 3 percent. The average unemployment rate during this six-month period was about 7.4%. Lao PDR youth unemployment rate for 2019 was 1.67%, a 0.01% decline from 2018. Data retrieved on June 15, 2021. The unemployment rate has been volatile in the past six months, ranging from 6.5% in November 2020 to a high of 9.1% in December 2020. Employment status of the civilian population by sex and age [Numbers in thousands] (1) The population figures are not adjusted for seasonal variation; therefore, identical numbers . Download the entire news release (graphs and tables included, PDF) 9 Sep 2021 - The OECD area unemployment rate fell to 6.2% in July 2021, from 6.4% in June, 0.9 percentage point above the pre-pandemic rate observed in February 2020. Having a low unemployment rate does not mean a country's economy is particularly strong. , Jul 6, 2021. The province's unemployment rate was at 5.2 per cent last month, down from 6.2 per cent in October and 7.1 per cent a year ago. 1991-2020 Data | 2021-2023 Perkiraan. The Lao PDR COVID-19 Response Project, approved in April 2020 and expanded in mid-2021, now has a total project value of $33 million and is backing up Lao PDR's plan to vaccinate 50% of its population by the end of the year. An imbalance in the supply and demand of labor in some sectors poses a challenge for Laos in its efforts to tackle rising unemployment. Still, the 17,541 . Thailand's unemployment rate hit a 16-year high in the third quarter, as COVID-19 restrictions have seriously affected economic activities and jobs. Unemployment, total (% of total labor force) (modeled ILO estimate) - Lao PDR International Labour Organization, ILOSTAT database. What is Unemployment Rate in China? Get in touch with us now. Estimates for the current month are subject to revision the following month . "The participation rate is 1.5 percentage points lower than in February 2020. By contrast, Cambodia, Thailand and Laos post the lowest unemployment rates. Nationally, the unemployment rate saw a solid drop from 4.8% in September to 4.6% in October, with the number of unemployed down 317,924 to 7.4 million. The unemployment rate also . For example, today the unemployment rate in South Africa is over 30%, yet it is one of the richest countries in Africa. Inflation calculator for Laos Enter any amount, an initial year and an end year here. By May 2020, the unemployment rate may have been as high as 16%. The Philippines' unemployment rate rose to 8.9% in September 2021, even as the government somewhat eased restrictions despite surging COVID-19 cases. Interest Rate in Laos averaged 6.69 percent from 1992 until 2021, reaching an all time high of 35 percent in December of 1994 and a record low of 3 percent in March of 2020. , Jul 6, 2021. THE EMPLOYMENT SITUATION — OCTOBER 2021 . SMS. -- The labor force was down 153 over the month and up 10,869 . The labor market continued to gradually recover from the pandemic hit, helped by a surge in demand for labor, record levels of job openings, the expiration of enhanced jobless benefits and the subsiding summer wave of COVID-19 infections. The employment-population ratio increased by 0.4 percentage point to 59.2% in November. Nationally, the seasonally adjusted unemployment rate for . Laos Economic Outlook. Oregon's unemployment rate hit another low in October, dropping from 4.7% to 4.4% — among the lowest rates on record. Iowa unemployment rate drops to 3.9%. Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. This page provides the latest reported value for - Laos Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term . At the national level, the October 2021 unemployment rate was down slightly from 4.8% to 4.6%, while the number of Georgia jobs went up by 21,000 over the month, totaling 4,605,600 - up 4.5% for . [1] Some care is needed in interpreting the fall in the OECD area unemployment rate compared to the . Unemployment Rate for Laos from The World Bank for the World Development Indicators (WDI) release. Lao PDR youth unemployment rate for 2018 was 1.68%, a 0.01% decline from 2017. Unemployment rate reaches 2.25% in Q3. The number of South Africans who are unemployed rose by 2.2 percentage points in the third quarter of 2021, Statistics South Africa (StatsSA) said on Tuesday.According to the agency's Quarterly Labour Force Survey (QLFS) for the period July-September 2021, the number of employed people declined by 660,000 to 14.3 million. Employment status of the civilian population by sex and age. Research expert covering historical data. License : CC BY-4.0. The Governor's 2021‑22 May Revision budget proposes $36 million General Fund to pay the first, partial payment on the state's outstanding federal Unemployment Insurance (UI) loan and proposes to direct $1.1 billion in federal American Rescue Plan (ARP) Act funds to pay down a portion of the outstanding loan. The drop continued a gradual declining trend since the start of the . Colorado's unemployment rate continued to improve over the past six months, nearing its pre-pandemic level from early 2020, the Colorado Department of Labor and Employment reported Friday. The state's unemployment rate was 4.4% in October, the Oregon Employment Department reported . HONOLULU (AP) — Hawaii's unemployment rate fell to a seasonally adjusted 6.3% last month compared to 6.6% in September.
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