Number of unemployed in Bosnia up 3.1% y/y at end-Feb.

By bne IntelliNews April 26, 2012
The number of registered unemployed people in Bosnia increased by 3.1% on the year and by 0.4% on the month to 543,641 at the end of February, the countrys statistics office said in a statement. The office did not say to what jobless rate this figure corresponds. The number of unemployed people rose 0.9% on the month in January after climbing a monthly 0.8% in December. The number of people in paid employment totalled 687,138 at the end of February, down from 689,119 a month earlier. Out of end-Februarys total registered in paid employment 281,671 were women. Earlier this month, the governments Directorate for Economic Planning said in its 2012-2015 outlook report that Bosnias unemployment rate could rise to 44% this year because of the lower economic growth, scarce amount of investment and subdued industrial output. Similar to the previous two years, the sectors of manufacturing industry, construction, hotel and restaurants and trade would be the most exposed ones to the shrinking number of employees in 2012. This way the number of employed persons in Bosnia could decline 1.2% this year and the citizens purchasing power would remain weak. The Directorate sees the labour market stabilising to some extend in 2013, when there would be no significant rise in employment but less people are expected to lose their jobs. A more visible recovery is projected for 2014 and 2015 when the Bosnian economy is expected to improve in line with the global one.

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... 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