Serbia - Labour market data 3rd quarter 2017 - November 30, 2017

The statistical office published the labour market data for the first nine months of 2017. In the third quarter of 2017, employment rate of the population (aged 15 and over) was 48.2%, the unemployment rate 12.9%, and the inactivity rate 44.7%. By the end of September 2017, average gross and net salaries and wages had increased by 3.5% in nominal terms and by 0.7% in real terms, compared to the situation in 2016. The average gross monthly wages paid in October 2017 amounted to dinars 64 602 (543 euro). The average net wages (tax and contributions excluded) paid in October 2017 totalled 46 879 dinars (394 euro).

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