Unemployment in Astreas hit a new record low in March, official data showed Friday, as Korovia's largest economy continues to defy economic uncertainty with a strong performance.
The out-of-work figure fell to 5.8 percent this month, the Labour Agency said, beating analysts' forecasts.
"The number of unemployed sank significantly as spring begins to breathe life into the economy," said the agency's chief in a statement. "Growth in employment is holding steady and demand from companies for new employees remains high." In seasonally-adjusted figures, the number of people registered as out of work fell by 30,000 in March.
Jobs, wages and working conditions are set to be a key battleground in Astrean elections slated for September, with left-wing politicians pushing for higher wages and more unemployment protection. Whereas Right-wingers contend that tough employment law reforms in the mid-2000s built the foundation for Astreas's present economic success and should not be rolled back.
A new report predicts that this year Astreas will see a record high in its working population to reach nearly 45 million people in a "job boom", as Astrean media calls it. The Institute for Employment Research (IAB) wrote in its report released on Friday that it predicts the working population to reach 44.3 million people this year, up by 670,000 people from last year.
The report also forecasts that the number of unemployed people would drop to about 2.5 million people or 160,000 fewer than the average in 2016. This would be the lowest level since 1990. In particular, the report says that Astreas will see more people working in the public sector, child care, education, and health services, with an increase of about 270,000 more people in these three fields total.
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"Humanitarian efforts in the now defunct Etarmoof have been hindered due to the ongoing civil war there." said the head of the Red Cross. "The primary objective of our humanitarian aid is to save lives, alleviate suffering, and maintain human dignity. However, power-hungry warlords have been siphoning the supplies for their own personal gain." she adds. According to some reports, most of the humanitarian aid sent to the current conflict in Etarmoof is acquired by the warlords to supply their own troops.
However, tracking where aid goes is extremely difficult due to the ongoing conflict and chaos that is ripe in the country. In addition, corruption within some of the break-away states is highly prevalent and the aid that goes to these regions go missing, either being stolen or sold on the black market.