The labour market in September

Summary

The total unemployment rate increased in September to 9,8% from 9,4% in August.

The general unemployment increased from 8,5% in August to 9,0% in September but the reduced unemployment rate was 0,8% in September or down from 0,9% in August.

There were in average 17.045 unemployed in September, (9,0% general unemployment) in addition to 3.319 part-time unemployed (0,8% part-time unemployment) in September 2020.

Unemployment by gender:

The total unemployment by men (general unemployment plus reduced unemployment rate) in September was 9,7% and 10,0% for women, or up from 9,3% for men in August and up from 9,6% for women in August 2020.

The unemployment by young people:

There were 1.921 young, aged 18-24 years unemployed in September 2020, i.e. general unemployment (excluding part-time employment) or similar as in August with 1.924 August 2020.

The long term unemployed:

There were 3.274 long term unemployed (over 1 year) in September 2020 (excluding part-time unemployment) or up from 3.051 in August 2020.

Open vacancies:

There were 206 new incoming open vacancies in September 2020 or up from 177 new incoming open vacancies in August 2020.

Foreign workers:

There were in total 201 work permits (all types of work permit) issued in September 2020 up from 190 in August 2020. There were 22 foreign service companies registered to Directorate of Labour in September 2020. These foreign service companies employed 150 workers in September 2020.

There were 22 temporary-work agencies registered to Directorate of Labour in September 2020.

These temporary-work agencies hired out 429 workers in September 2020.

The unemployment forecast for
October 2020:

It is expected that the unemployment in October 2020 will increase and be between 10,3% and 10,5%.

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