Unemployment rate lowest in Qatar

  • 8 months   ago
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Qatar maintains its leadership position in the list of countries with lowest unemployment rate globally, according to a new data released by the Planning and Statistics Authority (PSA).
As per the data, unemployment rate in Qatar remained stable at 0.1 percent during the third quarter of 2019. The average unemployment in the European Union stood at 12 percent, while it’s 8 percent for the countries of the Organization for Economic Cooperation and Development.
On the other hand, the number of economically active population increased in the third quarter of 2019 by about 6,000 individuals, or 0.3 percent as compared to the second quarter. The number of economically active Qatari residents increased during the third quarter by about 187 individuals, or 0.2 percent over the second quarter. The number of non-Qatari individuals increased 0.3 percent in third quarter.
PSA manpower survey showed that the number of participants in the workforce increased from 2,051,619 during the second quarter to 2,057,219 workers during the third quarter. The number of job seekers, according to the definition of the International Labor Organization, reached 2,205 during the third quarter.

Source: Qatar Tribune