Labour market
and social sphere
Labour market
and social sphere
We present the new BEROC study "Labour market and social sphere".
The growth in the number of employed in the economy continued. Over the quarter, it increased by 0,35% in seasonally adjusted terms, while the average actual employment level reached 4139,6 thsnd. persons.
The unemployment rate continues to decline. By the end of the quarter, a new historical low of 2,8% was reached.
The positive dynamic of new hires exceeding terminations, first observed in the previous quarter, persists. In absolute terms, this surplus amounted to over 4,5 thsnd. persons. At the same time, a record increase in the number of additionally introduced workplaces was recorded.
At the regional level, Minsk City demonstrated the most dynamic labour market and wage growth. In contrast, a slowdown was observed in the Gomel and Vitebsk regions.
Read the full study at the link.