The variety of employed individuals in October elevated by 193,000 in comparison with final yr, and the expansion returned to the 100,000 vary after one month.
Based on the “October Employment Tendencies” report launched by the Ministry of Knowledge and Statistics on Nov. 12, the variety of employed individuals final month stood at 29.04 million, up 193,000 from a yr earlier. The typical improve in employment from January to October this yr was additionally 193,000, exhibiting that October’s achieve was roughly on the yearly common degree.
In September, the variety of employed individuals had jumped by 312,000, marking the most important improve in 19 months, however the determine dropped again to the 100,000 vary only one month later. This yr, the rise within the variety of employed individuals has remained within the 100,000 vary, aside from Could with 245,000 and September with 312,000.
By age group, the variety of employed individuals decreased in all age teams besides these of their 30s with 80,000 and people of their 60s with 334,000. The variety of employed individuals amongst younger individuals aged 15 to 29 decreased by 163,000.
