{"id":220152,"date":"2024-07-23T07:38:18","date_gmt":"2024-07-23T11:38:18","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=220152"},"modified":"2024-07-23T09:42:53","modified_gmt":"2024-07-23T13:42:53","slug":"unemployment-rate-in-dr-decreases-slightly-in-2023","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2024\/07\/23\/unemployment-rate-in-dr-decreases-slightly-in-2023\/","title":{"rendered":"Unemployment rate in DR decreases slightly in 2023"},"content":{"rendered":"\n
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The Dominican Republic’s expanded unemployment rate, which includes individuals who actively sought work but were not available, or who did not actively seek work but were available, stood at 10.7% at the end of 2023, representing a year-on-year decrease of 0.3 percentage points, according to the latest report from the Ministry of Economy, Planning and Development (MEPyD). The report highlights that more than 50% of active jobs were informal, Diario Libre points out.<\/p>\n\n\n\n

“Despite showing a wider gender gap, this rate is trending downwards, reaching its lowest levels in the last three years (10.6%), 1.4 percentage points lower than those shown during the same period in 2022 (12%)”, underlines the document “Monitoring Employment: An Analysis for 2023”.<\/p>\n\n\n\n

The MEPyD indicates that the purpose of the report is to carry out a concise and detailed analysis of the selected policy for labor issues, thus providing a comprehensive vision of the socioeconomic state.<\/p>\n\n\n\n

According to the report, the open unemployment rate, a variable that is measured by the quotient of the openly unemployed to the economically active population, stood at 5% in the fourth quarter of 2023, showing a year-on-year increase of 0.2 percentage points.<\/p>\n\n\n\n

As for the percentage of job layoffs, it reports that it stood at 4.4%, for a total of 222,867 unemployed people who were actively seeking a new job and only 0.9% of new unemployed people who aspire to have their first job.<\/p>\n\n\n\n

The report, which collects information from the labor sector over the past three years, indicates that last year only 46,481 people of working age indicated that they had sought employment.<\/p>\n\n\n\n

Read more in Spanish:
Diario Libre <\/a>
Ministry of Economy <\/a><\/p>\n\n\n\n

23 July 2024<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dominican Republic’s expanded unemployment rate, which includes individuals who actively sought work but were not available, or who did not actively seek work but were available, stood at 10.7% at the end of 2023, representing a year-on-year decrease of 0.3 percentage points, according to the latest report from the Ministry of Economy, Planning and … <\/p>\n

Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[330,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/220152"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=220152"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/220152\/revisions"}],"predecessor-version":[{"id":220222,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/220152\/revisions\/220222"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=220152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=220152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=220152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}