Unemployment rate stands at 5.5% in the third quarter

The unemployment rate reached 5.5% in the third quarter, slightly up from the previous quarter but down from the same period in 2025. The unemployed population increased by 5.3% compared to the previous quarter, totaling approximately 316,800 individuals. Youth unemployment rose to 19.9%, marking increases both quarterly and annually. Employment decreased by 0.2% from the previous quarter but increased by 1.1% year-on-year. The labor underutilization rate was estimated at 9.4%, showing a slight increase from the previous quarter but a decrease compared to last year. The inactive population also saw a rise during this period.