Croatia Jobless Rate up in October, Wage Falls in Sep

HR

Image by Victoria Labadie / Shutterstock.com

Croatia's jobless rate increased to 6.5% in October, the highest in five months and up from 6.1% in September, figures from the Croatian Bureau of Statistics (Crostat) showed on Monday.

A similar rate of unemployment was last seen in May.

In the corresponding month last year, the jobless rate was 7.2%.

The number of unemployed persons increased to 112,701 in October from 105,796 in the previous month. Employment decreased to 1.620 million persons in October from 1.621 million in September.

In a separate report, the Zagreb-based agency said that Croatia's average net monthly wage totaled HRK 7,623 (EUR 1,020) in September, down 5% year-on-year in real terms.

In August, the average net monthly salary was 3.9% lower on the year in real terms.

On a monthly comparison basis, the average net monthly wage in September fell 2.2% in real terms, after adding 1.3% in August.

The average gross monthly salary amounted to HRK 10,325 (EUR 1,377.25) in September, down by a r eal 4.2% year-on-year and lower by 2.8% on the month.

ADVERTISEMENT

MNB Int'l Reserves Rise EUR 633 mln in November MNB

MNB Int'l Reserves Rise EUR 633 mln in November

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

MOL Unable to Deliver New Fuel Orders Until Monday Automotive

MOL Unable to Deliver New Fuel Orders Until Monday

Tourism Nights Down 0.2% y.o.y. in October Tourism

Tourism Nights Down 0.2% y.o.y. in October

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.