Compared to February last year, the jobless rate dropped by 0.4 percentage points from 5.9%.

The number of registered unemployed persons rose to 864,800 in February from 857,600 in the previous month. Further, this was the biggest increase since April 2022.

The number of unemployed young persons, which is applied to the below-24 age group, climbed to 109,400 in February from 109,000 in the previous month.