Montenegro's unemployment rate above 14% as of Feb 25.

By bne IntelliNews February 26, 2013
Montenegro's unemployment rate inched up to 14.05% as of Feb 25 from 13.97% a week earlier and 13.46% at end-2012, according to data published by the employment agency. The agency did not provide historical data. In our estimates, however, the end-2011 unemployment rate stood at 13.16%. The number of unemployed increased by 4.3% on the year to 32,596 as of Feb 25, accelerating from a 2.6% annual rise a weak earlier. In monthly terms, it climbed 4.4% compared to end-Dec.

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