Croatia's unemployment rate drops to 21.6% in Mar from 21.9% in Feb.

By bne IntelliNews April 23, 2013

Croatia's registered unemployment rate dropped to 21.6% in March from 21.9% in February, the statistics office reported. It was, however, up from 20.1% in March 2012.

Earlier in April, the national employment service office said that the number of registered unemployed rose by an annual 8.4% and dropped by a monthly 1.8% to 368,558 at end-March. The number of newly registered unemployed was 20,655 in March, down 4.9% on the year. A total of 27,497 individuals were excluded from Croatia’s unemployment register in March after finding a job, which is an increase of 10.9% compared to a year earlier.

We expect that the unemployment rate will continue to decline in the following months on monthly basis due to seasonal employment amid the coming tourism season. However, a significant decline in the unemployment rate could not be expected this year as the prospects for the economic recovery are not good.

Related Articles

OTP’s Croatian subsidiary to buy Splitska Banka

The Croatian subsidiary of Hungary’s OTP Bank has signed an agreement to buy Splitska Banka, owned by the French Société Générale Group, OTP announced on December 21. Hungary’s largest ... more

Telekom Austria’s Vipnet acquires controlling stake in Croatian Metronet

Telekom Austria Group’s Croatian unit Vipnet has agreed to acquire a controlling stake in ... more

Belgrade Stock Exchange joins SEE Link platform

The Belgrade Stock Exchange (BELEX) has become an active member of the regional SEE Link network, SEE Link announced on December 5. SEE Link is a project started by the Bulgarian, Macedonian and ... 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