In August 2020(Q3), the working age population (16 years and above) was around 7.5 million of whom 3,667,611 were employed, 697,210 unemployed and 3,137,889 out of labour force.
The sum of employed and unemployed population results to population in labour force (4,364,822 persons). There has been remarkable positive changes in labour market since May to August 2020.
The proportion of working age population who were in the labour force increased to 58.2 percent in August 2020 from 55.1percent in May 2020 and from 52.3 in August 2019.
The proportion of the working age population outside the labour force decreased in the third quarter of 2020 as compared to different previous quarters.
The population out of labour force was 41.8 percent in August 2020 while it was 47.7 percent in August 2019 and 44.8 percent in May 2020.
The share of subsistence agricultural in population outside labour force was 50.4 percent in August 2020 as compared to 48.6 percent in May 2020 and to 47.7 percent in August 2019.
The sum of employed population (3,667,611 persons) and subsistence agricultural (1,896,131) gives the estimate number of workers1 in August 2020 (5,563,742 persons).
This number represents 74 percent of working age population, which is higher than 70.8 percent observed in August 2019.
The employment-to-population ratio increased in August 2020 as compared to previous quarters of the LFS. It was 43.9 percent in August 2019, and 48.3 percent in February 2020.
In May 2020, it decreased to 43 percent before increasing to 48.9 percent in August 2020.
As result of increase in employment, the labour force participation rate increased from 52.3 percent in August 2019 and from 55.2 percent in May 2020 to 58.2 percent in August 2020.