The unemployment rate (11.5%) was the highest among young people in the age group 15-24. Compared to the 1st quarter of 2019, the rate among young people increased by 1.6 percentage point. One of the reasons for the high unemployment rate among young people could be the lower number of student workers. In the 1st quarter of 2020, there were 23,000 of them, 6.3% fewer than in the same period last year.
The unemployment rate was the lowest (3.6%) in the age group 55-64. Compared to the 1st quarter of 2019, the rate decreased by 0.8 percentage points.Unemployed
There were about 47,000 unemployed persons in the 1st quarter of 2020, 5.7% fewer than in the same period last year. The share of unemployed men was 49% and women 51%. According to the duration of the job search, the unemployed who were looking for a job from 1 to 5 months predominated with 35%. The smallest share (2%) was of those who were looking for a job for less than a month.
The number of employed persons (982,000) in the first quarter of 2020 increased by 0.4% compared to the same period last year. Among employed persons, 88% were employees, 11% were self-employed and 1% were unpaid family workers. Compared to the same period last year, the number of self-employed persons decreased by 11.6%, as a result of which the number of employees increased by 2.7%.
In recent years, we have seen a downward trend in the number of fixed-term employees and an upward trend in the number of permanent employees. In the first quarter of 2020, 108,000 were employed for a fixed period of time and 751,000 for an indefinite period. Compared to the 1st quarter of 2019, the number of the former decreased by 7.4%, while the number of the latter increased by 4.4%.Why didn't we work?
In the LFS, we asked those who were not working in the week before the survey why they did not do their job. In the first quarter of 2020 125,000 people were not regularly working in the week before the survey. The main reason was vacation (4.0%), followed by sick leave (3.5%) and temporary lay-off (1.7%).
Detailed data on the Labour Force Survey will be released subsequently in the SiStat Database, presumably on 19 June 2020.