Number of registered unemployed in Croatia increases 5.7% y/y at end-Aug.

By bne IntelliNews September 11, 2012
The number of registered unemployed Croatians increased by 5.7% in annual terms and inched up by a monthly 1% to 301,583 at end-August, the national employment service office said in a statement. The figure translates into a jobless rate of around 17.7%, according to IntelliNews calculations, and is down 0.2pps on the month and up 1pps on the year. The number of newly registered unemployed in August alone was 23,906, up 25.4% compared to the same month of 2011. A total of 21,013 individuals were excluded from Croatias unemployment register in August after finding a job, which is a drop of 1.4% compared to a year ago. IntelliNews Comment: We expect that the unemployment rate will continue to increase in annual terms, taking into account the worsened projections for the economic development this year due to the eurozone debt crisis.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    4 days ago
  2. Saudi Arabia to scale back plans for Neom city
    7 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    4 days ago
  4. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  5. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    5 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    18 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    22 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    27 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    21 days ago

Reports

Dismiss