National Statistics Office data has shown that in March the seasonally adjusted monthly unemployment rate stood at 3.5%, remaining stable compared with the previous month.

This was an increase of 0.04 percentage points when compared to the same month in 2025.

The number of unemployed persons was 12,248, a slight decrease of 0.6% on the previous month and an increase of 15.8% on the same month in 2025.

The NSO noted that the 25 to 74 age group was once again the major contributor to the overall level of unemployment totalling 9,372 or 76.5%. The figure for unemployed youths amounted 2,875 or 23.5%.

The unemployment rate for males stood at 3.6%, a decrease of 0.1 percentage points when compared to the previous month. The rate for females stood at 3.4%, an increase of 0.1 percentage points compared to the previous month.

The unemployment rate for persons aged 15 to 24 years (youth unemployment rate) decreased by 0.3 percentage points compared to the previous month, reaching 9.6%. The rate for those aged between 25 and 74 years stood at 3.0%, an increase of 0.1% compared to the previous month.

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