Unemployment Rate Improves to 5.5% in 2016

Unemployment rate declined to 5.5 percent in 2016 from 6.3 percent last year, exceeding the government’s target of 6.5-6.7 percent. More than half, or 55.6 percent, of those employed are working in the services sector. The agriculture sector has a share of 26.9 percent, while industry accounted for 17.5 percent…

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