The number of unemployed declined by 9.8 thousand, or 1.8 percent, to 549.5 thousand people. Unemployment decreased mostly for: men (-7.9 thousand); people aged 45 and over (-9 thousand) and aged 25 to 34 (-8.9 thousand); having completed the upper secondary and post-secondary non-tertiary education (-9.4 thousand); looking for a new job (-6.4 thousand), having been formerly in the services sector (-16.8 thousand); and seeking a job for 12 months or longer (-11.5 thousand).
Youth unemployment rate (aged 15 to 24) dropped to 26.1 percent from 26.9 percent in the previous three months and 30.8 percent a year earlier. The unemployment among young adults (aged 25 to 34) fell to 11.5 percent from 12.4 percent in the second quarter and 12.3 percent a year ago.
The number of employed people rose by 59 thousand, or 1.3 percent, to 4,661.5 thousand people, slowing from a 2 percent growth recorded in the second quarter. Employment increased mainly in services (+30.3 thousand), followed by industry (+15.7 thousand) and agriculture (+13 thousand).
The employment rate stood at 52.6 percent compared to 51.9 percent in the previous quarter and 51.6 percent in the same quarter of 2015.
The participation rate of the working age population stood at 58.8 percent compared to 58.3 percent in the previous quarter and 58.6 percent in the same quarter of 2015.
Year-on-year, the number of unemployed went down by 69.3 thousand people, or 11.2 percent, while the number of employed people rose by 86.2 thousand, or 1.9 percent.