Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

ALGERIA

Algerias Unemployment Rate Drops To 15.3% In 2005

Algerias unemployment rate dropped to 15.3% of the active population in 2005, according to the national statistics bureau (Office National des Statistiques ONS). The unemployment rate stood at 17.7% in 2004 and at 23.7% in 2003. The share of unemployed people under the age of 30 slightly increased to reach 75% of all unemployed in 2005, compared to 73% in 2004.