In November 2020 (Q4), the working age population (16 years and above) was around 7.6 million of whom 3,407,789 were employed, 869,324 unemployed and 3,286,805 out of labour force.
The sum of employed and unemployed population results to population in labour force (4,277,113persons). The proportion of working age population who were in the labour force decreased to 56.5 percent in November 2020 from 58.2 percent in August 2020.
However, it remains slightly higher than the one registered one year back in November 2019 (55.0 percent). The proportion of the working age population outside the labour force increased to 43.5 percent in November 2020 as compared to August 2020 (41.8 percent) but remained relatively lower compared to the situation of November 2019 (45.0 percent).
The share of subsistence agricultural in population outside labour force was 52.7 percent in November 2020 as compared to 50.4 percent in August 2020 and to 52.8 percent in November 2019.
The sum of employed population (3,407,789 persons) and subsistence agricultural without employment (2,206,647) gives the estimate number of workers1 in November 2020 equivalent to 5,614,436 persons.
Therefore, in November 2020, the proportion of working age population engaged in employment or substance agriculture was 74.2 percent as compared to 76.9 percent in November 2019.
The employment-to-population ratio decreased in November 2020(45.1 percent) as compared to August 2020 (48.9 percent) and became relatively lower than the one registered one year ago in November 2019 (46.5).
As result of a decrease in employment, and increase in unemployment, the labour force participation rate decreased at relatively lower pace than the employment to population ratio.
It decreased from 58.2 percent in August 2020 to 56.5percent in November 2020.