Croatia's job vacancy rate stable at highest level since EU entry

The job vacancy rate in Croatia in the second quarter of 2016 remained stable at its highest level since the country's entry into the European Union, according to figures released by the EU statistical office Eurostat on Friday.

In the second quarter of 2016 the job vacancy rate in Croatia remained unchanged from the previous quarter when it reached 1.9%, the highest level since the country joined the EU in mid-2013. By comparison, the rate in the second quarter of 2015 was 1.6%.

The rate measures the proportion of vacancies in the total number of work posts and indicates balance between supply and demand on the labour market. A higher rate signals uncovered demand by employers for labour.

The job vacancy rate in the 28-member EU was 1.8% in the second quarter of 2016, stable compared with the previous quarter, but up from 1.7% in the second quarter of 2015. The job vacancy rate in the 19-member euro area was 1.7% in the second quarter of 2016, stable compared with the previous quarter, but up from 1.5% in the second quarter of 2015, according to Eurostat.

The highest rate, of 2.9%, was recorded in the Czech Republic, followed by Belgium (2.8%) and the United Kingdom (2.5%). The lowest rates were observed in Portugal (0.7%), Greece (0.8% in the first quarter of 2016), Spain and Poland (both 0.8%).

Broken down by sector, the job vacancy rate in the EU28 in the second quarter of 2016 was 1.4% in industry and construction, and 2.0% in services, while in the euro area the rate was 1.3% in industry and construction and 1.9% in services.

Last update: Fri, 16/09/2016 - 15:37

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