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.

Related Articles

European Commission recommends removing Croatia from excessive deficit procedure

The European Commission (EC) recommended that the European Council remove Croatia from the excessive deficit procedure (EDP) in its European Semester Spring Package published on May ... more

RBI doubles net profit y/y in Q1 as Russian business recovers

Raiffeisen Bank International (RBI), the second largest bank operating across Central and Eastern Europe by assets, reported that net profit almost doubled year-on-year to €220mn in the first ... more

Croatian Agrokor says largest subsidiaries owe at least €5.4bn

Total liabilities of struggling Croatian retailer Agrokor Group’s 19 largest subsidiaries, including Agrokor itself as well as Konzum, Tisak, Frikom and Ledo, amounted to HRK40.4bn (€5.44bn) as ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss