TIRANA, March 12 (Xinhua) -- The unemployment rate in Albania registered another drop in the fourth quarter of 2017, falling to 13.4 percent from 13.6 percent in the prior-year period, Albanian Institute of Statistics (INSTAT) said Monday.
According to INSTAT report, the employment rate among people aged 15 to 64 edged up to 58.2 percent in the October-December period, from 57.7 percent a year earlier.
In Albania's population of 2.87 million, unemployment rate among men was 13.7 percent in the end of 2017, while among women it was 12.9 percent, INSTAT said.
During the fourth quarter, unemployment rate among people aged between 15-29 years dropped to 24.6 percent from 26 percent a year earlier.
In the last five years, Albania has maintained a downward trend of unemployment rate.
