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.
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