Monday, 22 July 2024

Unemployment rate in Croatia dropping

Written by  Oct 04, 2016

Recent data from the European statistical office (Eurostat) show that among the EU member countries Croatia recorded the biggest decline in the unemployment rate in August, 2016 in comparison to the same month last year. However, its unemployment rate is still one of the highest in the European Union.

The seasonally adjusted unemployment rate according to the methodology of the International Labour Organisation (ILO) in Croatia recorded a slight drop from 13 percent in July to 12.9 percent in August, reported the European statistical office.

In last year’s August the rate of unemployment was 16.6 percent, which means that Croatia, according to the data available from the Eurostat, recorded the biggest drop in the unemployment rate on an annual basis among the EU countries.

However, Croatia is still among the three EU member countries with the highest unemployment rate. The group is led by Greece with the unemployment rate of 23.4 percent in June, followed by Spain with 19.5 percent.

On the other hand, the lowest unemployment rate among the EU member countries in August was recorded in the Czech Republic (3.9 percent) and Germany (4.2) percent.

According to the data from the European statistical office, there were 237,000 unemployed people in August in Croatia, or 3,000 people less than the previous month. In comparison to the last August, this number decreased by 79,000 people.

The Voice of Dubrovnik


Find us on Facebook