21.9 C
Brunei
Sunday, November 27, 2022
21.9 C
Brunei
Sunday, November 27, 2022
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    Downtrend in unemployment

    The total number of unemployed persons numbered around 10,956 in 2021 compared to 16,630 in 2020.

    This resulted in a decrease of the unemployment rate from 7.3 per cent to 4.9 per cent in 2020, especially among the local population (10,800 persons or 98.6 per cent), the Department of Economic Planning and Statistics (DEPS) of the Ministry of Finance and Economy’s Labour Force Survey (LFS) 2021 report stated.

    The decrease is likely due to local jobseekers’ filling jobs in several industrial sectors previously dominated by foreign workers. The construction industry showed the most significant increase in local workers followed by transportation and storage, information and communication industry, service activities and others, the report added.

    More details on Weekend’s Borneo Bulletin

     

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