Bosniaʼs Federation jobless rate edges up in August

Figures

The registered jobless rate in Bosniaʼs Federation rose slightly to 39.2% at the end of August, from 38.9% at the end of July, data from the Sarajevo-based Agency for Statistics (BHAS) show. 

The number of unemployed people rose 0.4% month-on-month in August, to 330,809. Meanwhile, the number of employed people fell to 514,087 in August from 516,690 in July. The economically active population in the Federation totaled 844,896 people in August.

The registered unemployment rate is calculated as the ratio of the number of unemployed to the total active population.

In a separate statement, the BHAS said that the average net monthly salary in Bosniaʼs Federation increased by a real 3.2% year-on-year in August, reaching BAM 949 (EUR 485). On a monthly comparison basis, the average net monthly salary in the Federation fell by 2.1% in real terms in August.

In August, the average gross salary amounted to BAM 1,462, down a real 2.2% month-on-month, but 3.3% higher year-on-year. The Federation is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Serb Republic. 

ADVERTISEMENT

Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.