Bosnia’s jobless rate flattens at 46.1% at end-March 2013 – employment agency

By bne IntelliNews May 30, 2013

Bosnia’s jobless rate stood at 46.1% at end-March, the same as the previous month, the country’s labour and employment agency said. It remained above its end-2012 (44.5%) and end-2011 (43.8%) levels though.

The agency also released jobless data for April 2013, pointing out that the number of registered unemployed increased 1.7% y/y to 549,519, mainly due to higher unemployment registrations in the Federation (up 3.1% over the period). In monthly terms, the number of unemployed edged down 0.7% m/m in April. The agency did not provide figures on the April’s unemployment rate.

Bosnia’s unemployment rate remains one of the region’s highest. According to the latest IMF forecast, it is expected to remain above its pre-crisis level of around 23% until 2017.

Number of registered unemployed in Bosnia Dec'12 Jan'13 Feb'13 Mar'13 Apr'13
Bosnia 550,574 554,574 554,605 553,580 549,519
Muslim-Croat Federation 384,852 387,330 386,432 386,091 384,781
Serb Republic 153,458 155,155 155,672 154,998 152,295
Brcko district 12,264 12,155 12,501 12,491 12,443
Source: Employment agency        

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