Croatia's unemployment rate drops to 20.9% in Apr from 21.6% in Mar.

By bne IntelliNews May 22, 2013

Croatia's registered unemployment rate dropped to 20.9% in April from 21.6% in March, the statistics office reported. It was, however, higher than the 19.1% rate registered in April 2012. The office provided no further details.

The national employment service office has said that the number of registered unemployed Croatians increased 9.8% in annual terms but went down by a monthly 3.5% to 355,598 at end-April. The number of newly registered unemployed in April alone was 20,598, up 8.6% compared to the same month of 2012.

A total of 33,554 individuals were excluded from Croatia’s unemployment register in April after finding a job, which is a drop of 4.5% compared to a year earlier.

We expect that the unemployment rate will continue to decline in the summer months due to the higher employment in the tourism season.

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