Unemployment rate dropped to 1.7%
By Francis Talasasa
A recent employment survey released by the ministry of finance recently, show that unemployment rate in Palau has greatly improved, dropping to 1.7% in 2015 from 4.2% in 2005.
Report also shows that unemployment records for males have dropped from 3.7% in 2005 to 1.8% in 2015 or in other words, number of unemployed males went from 232 in 2005 down to 105 in 2015. It also shows number of unemployed women went from 4.9% in 2005 to 1.5% in 2015.