Serbia - Unemployment rate falls slightly – wages decrease - December 31, 2015

New data on unemployment and wages reveal that the country is still in a vulnerable economic situation. The average gross salaries and wages paid in the period January-November 2015, compared to the average gross salaries and wages paid in the period January-November 2014, decreased by 0.8% in nominal terms and by 2.2% decreased in real terms. The average net salaries and wages paid in the period January-November 2015, compared to the average net salaries and wages paid in the period January-November 2014, decreased by 0.5% in nominal terms and by 1.9% decreased in real terms. The unemployment rate was at 16.7% at the end of the third quarter of 2014, a 1.4% decrease in comparison with the same period last year. The director of the National Employment Service (NES) has stated that the aim is to reduce the unemployment rate to below 15%.

English: http://webrzs.stat.gov.rs/WebSite/repository/documents …

http://www.staffingindustry.com/eng/Research-Publications/Daily-News/Serbia … 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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