INE reports an urban unemployment rate of 8.7% as of October

The National Institute of Statistics (INE) reported that the urban unemployment rate in the month of October reached 8.7%, according to the results of the Continuous Employment Survey (ECE). The figure represents a decrease in the unemployment rate of 1.3% concerning the rate registered in September (10%) and 2.8 percentage points lower than that of July of 11.6%, which was the highest figure recorded in this administration.

Source: Erbol