Croatia - Unemployment rate drops - August 31, 2016

The registered unemployment rate stood at 13.3% in July 2016, which was 0.3 percentage points less than in June and 2 percentage points less than in July 2015, according to data announced by the Central Bureau of Statistics. Analysts point out that the lower unemployment rate in July is a result of usual seasonal trends in which summer months result in improvements in indicators from the labour market, combined with an ongoing migration. With the end of the tourist season approaching, some workers who are seasonally employed in the tourism sector and supporting activities will return to the ranks of the unemployed.

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