Mauritius unemployment rate stands at 7.6% in third quarter of 2014
Statistics Mauritius anticipated that those employed would reach 530,700 for the year 2014 against 525,700 in 2013, representing a change of 5,000, and those unemployed will continue to decline to 7.8% in 2014 from 8.0% in 2013. (Image: cnsnews)
Mauritius’ unemployment rate has been estimated by Statistics Mauritius at 7.6% for the third quarter of 2014, improving over the corresponding year-ago period, as it stood at 8.0% in the third quarter of 2013.
However, the unemployment rate in Mauritius stood at 7.8% at the second quarter 2014, signalling again an improvement when compared to the third quarter of 2014.
According to the latest data from Statistics Mauritius, the number of unemployed climbed down by 0.2 percentage point from second quarter 2014 to third quarter 2014 even as unemployed females rose by 0.1 percentage point while number of unemployed males decreased by 0.4 percentage point.
The number of employed as well as labour force climbed by 3,500 and 1,200 respectively, showing a significant improvement in the number of employed people over the third quarter of 2013, according to data released on Statistics Mauritius.
Those unemployed comprised of 19,900 males and 24,600 females, and approximately 18,800 of them were aged below 25 years.
The 43,600 unemployed comprised of 18,500 males and 25,100 females, approximately 20,000 of them were aged below 25 years.
A majority of 72% of the unemployed males were single while 56% of the unemployed females were ever married.
Another characteristic of the unemployed individuals is that they lack education – some 7,200 do not have the Certificate of Primary Education (CPE) or equivalent, and 13,200 do not have the Cambridge School Certificate (SC) or equivalent.
As many as 26,800 had been looking for work for less than one year and the remaining 16,800, for more than a year or more.
Considering the economically inactive population, there were 389,100 people aged 16 years who do not form part of the labour force, which is defined as working-age people who are both able and willing to find employment.
On the other hand, the number of employed people in the third quarter 2014 is estimated at 529,700 with increase in male employment of 4,100 and decrease in female employment of 600.
With an increased activity rate, elderly in employment represented 6.1% of the working population in 2013 against 4.6% in 2011.
In addition, Statistics Mauritius noted that nearly 24,000 persons, representing 4.6% of the employed in 2013, held a secondary job against 4.3% in 2011.
Besides, Statistics Mauritius anticipated that those employed would reach 530,700 for the year 2014 against 525,700 in 2013, representing a change of 5,000, and those unemployed will continue to decline to 7.8% in 2014 from 8.0% in 2013.