Bosnia's Federation jobless rate edges down in May
Image by Victoria Labadie / Shutterstock.com
The registered unemployment rate in Bosnia's Federation edged down to 37.3% in May, from 37.6% in April, the entity's Agency for Statistics (BHAS) said on Thursday.
Among women, unemployment decreased to 45.3% in May from 45.6% a month earlier. The number of unemployed people in the Federation fell 1% month-on-month in May, to 311,752, whereas the number of employed people added 0.3% to 523,852.
The economically active population in the entity totaled 835,604 people in May. The registered unemployment rate is calculated as the ratio of the number of unemployed to the total active population.
In a separate report, the Sarajevo-based agency said that the average net monthly salary in Bosnia's Federation amounted to BAM 982 (EUR 502.10) in May, a real 3.3% higher compared to the same month last year.
On a monthly basis, the average net monthly salary edged down 0.6% in real terms in May. In May, the average gross salary amounted to BAM 1,518, down by a real 0.8 % on month and 3.8% higher on year. The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.