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Mauritius unemployment rate falls to 7.6 pct in Q3

PORT LOUIS (Reuters) – The unemployment rate in Mauritius fell to 7.6 percent during the third quarter of 2014, down from 7.8 percent in the second quarter and 8.0 percent a year earlier, Statistics Mauritius said on Monday.

The Indian Ocean island is trying to reduce its dependence on the economically troubled euro zone for tourists and for its textiles, sugar and services industries.

The island’s workforce was estimated at 529,700, out of a population of 1.3 million, in the third quarter compared with 526,200 in the same quarter a year ago. Annual gross domestic product is $ 10 billion.

Mauritius expects its unemployment rate to fall to 7.8 percent this year from 8.0 percent in 2013.

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