Number of unemployed falls to 12-year low in August
The number of unemployed individuals in the Public Employment Service (DYPA) register fell to 897,543 in August, dropping below the psychologically important level of 900,000 people for the first time in 12 years for the year’s eighth month.
According to the data of the agency, it appears that only in August 2011 was a better result recorded than this year, with 763,305 registered unemployed. From 2012 to last year, during the month in question, the number of unemployed registered at DYPA was consistently over 900,000, while in two cases they exceeded 1 million, as was the case in 2013, at 1,004,545, and, even worse, in 2020, at 1,090,133. However, in the last two years there has been a decline in the number of unemployed people registered with the organization, which has begun to be reflected in specific numbers.
In August 2023 there was a decrease of 47,045 unemployed individuals (-5%) compared to the same month last year.
Meanwhile, the number of long-term unemployed remained very high, reaching 495,226 people, which corresponds to 55.2% of the total.
DYPA data also show that the big difference between unemployed women (610,348 or 68%) and men (287,195 or 32%) remains.
More than one in three job seekers (305,383 or 34%) come from the most productive age group, 30-44. However, the number of unemployed who come from the next category, 45-54, is also high (213,802 or 23.8%).
Accordingly, almost half of the jobless (400,772 people or 44.7%) have a secondary education level – and another 192,994 (21.5%) who are without a job despite having a degree. That means one in five unemployed has a university degree.
Furthermore, the subsidized unemployed have increased to reach 144,420 (16.09% of the total), from 127,135 in July. However, the number of unemployed people who received some form of subsidy this year decreased by 18,010 people (-11%), if the comparison is made with the 162,430 subsidized in August last year. They included 7,348 seasonal tourism workers.
