Unemployment rate of 18.5% continuation of five-month growth

The unemployment rate in Croatia increased in January for the fifth consecutive month, from 17.9% to 18.5%, the State Bureau of Statistics (DZS) reported on Tuesday.

While unemployment grew on the month, it fell on the year. In January it was 1.7 percentage points lower in comparison with January 2015 when that rate stood at 20.2%.

The increase in the unemployment rate on the month was expected considering that figures previously released by the Croatian Employment Service (HZZ) indicated that the number of the unemployed had grown by 2.7% in January compared with December 2015 to approximately 293,200 people.

Data released on the HZZ web site indicate the growth in unemployment was stopped in February and currently there are about 290,700 unemployed persons in Croatia which is 2,500 less than at the end of January.

Last update: Tue, 23/02/2016 - 12:55

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