The unemployment rate was 9.4% in 2015, having risen from 8.7% in 2014. Youth unemployment rate rose from 16.5% in 2007 to 20.5% in 2014. A fifth of residents are outside the job market at the age of 50 and less than a third are working at the age of 61. In 2014, nearly one million people were living with minimal wages or unemployed not enough to cover their costs of living.