Friday, 5 August 2022

Record Low Unemployment Rate in Osijek-Baranja County

August 5, 2022 - Croatia has for a long time had a dynamic relationship with employment, even more so the east of the country. Encouraging news of record low unemployment came in from Osijek.

As SiB writes, according to the latest data from the Osijek Regional Office of the Croatian Employment Service, at the end of June this year, 13,951 unemployed people were registered in the Osijek-Baranja County. That is 1.7% less than the previous month and 7.0% less than in June 2021. Since registered unemployment has been monitored on a statistical level, it has never happened that the number of unemployed fell below 14,000.

Record low unemployment is the result of continuous increased economic activity, the positive effects of which we are witnessing at all levels. According to the recently published data of FINA, the 2021 business year was particularly successful for entrepreneurs from Osijek-Baranja County, with total revenue of HRK 33.511 billion, which is an increase of 17.18% compared to 2020. The profit for the period amounted to HRK 1.833 billion, which is HRK 530 million or 40.68% more than in 2020, and as an export-oriented economy, the export of HRK 6.672 billion was achieved, which is an increase of 18.3% compared to 2020.

Considering the profit of entrepreneurs, Osijek-Baranja County is positioned fifth in terms of success, following the City of Zagreb, Zagreb County, Split-Dalmatia, and Primorje-Gorski Kotar County, respectively.

“In addition to the growth in the number of entrepreneurs of 4.5% compared to last year, we also note a constant increase in the number of trades. At the end of June, 5,346 trades were operating in the County, which is 337 more than in June 2021. Our measures to encourage economic activity have certainly contributed to the record low numbers, by building entrepreneurial infrastructure, primarily the Economic Centre and the Regional Distribution Centre for fruits and vegetables, but also implementing specific projects to encourage employment”, said Prefect Ivan Anušić.

Osijek-Baranja is the only county in Croatia which in cooperation with the Croatian Employment Service, Osijek Regional Office, creates and finances training and retraining programs intended for long-term unemployed persons to find employment more quickly.

Over the past five years, almost 350 unemployed people have gone through various educational programs that were fully financed by the County, as well as the cost of transportation for unemployed people.

“We continuously monitor the needs of the market and try to react with our measures. The retraining and additional training financed by the Osijek-Baranja County proved to be quality measures because 60% of people find employment afterward. Considering the excellent results of the implemented activities, in the budget for 2022 we planned a record amount of HRK 600,000.00 for the continuation of these programs”, said Prefect Anušić.

The Osijek-Baranja County continues to monitor trends in the economy and encourage the development of entrepreneurship and craftsmanship, which, judging by the results of operations last year, contributed to the improvement of the entrepreneurial climate, it was concluded.

Wednesday, 13 July 2022

Croatian Unemployment Rate Lowest Ever Since Official Records Kept

July the 13th, 2022 - The Croatian unemployment rate is at its lowest since the Croatian Employment Service (HZZ/CES) has been keeping official records. This might sound incredible, but this is a typical trend in the late spring and early summer months owing to seasonal employment for the tourism sector, as well as the ongoing demographic crisis.

The number of working age people leaving the country is continuing to increase, and the number of retirees or those who no longer need to work living in Croatia is on the up. Demography continues to dog the country's labour force, as do very seasonal trends in the Croatian unemployment rate.

As Poslovni Dnevnik writes, the sixth month of this year was marked the lowest number of registered unemployed persons on the Croatian labour market since the Croatian Employment Service has been keeping official track of this data. The month of June's statistics show that 105,798 unemployed people were registered in that month alone, which is 20.4 thousand less than at the end of the same month last year.

June 2022 was the fifth month in a row in which the Croatian unemployment rate continued to fall on a monthly basis - compared to May, there were 4,040 or 3.7 percent fewer of them registered at the aforementioned institute. Currently, 107,444 unemployed persosn are registered at the institute, 1,646 more than there were back at the end of June. There are currently 17,619 job vacancies published by the CES.

During that month, 12,461 people were newly registered in the unemployment register, which is an increase of 1.3 percent compared to June last year. At the same time, 76.3 percent of newly registered persons or 9,506 persons came to the institute directly from their previous employment.

16,501 people left the unemployment register in June, which is 31.5 percent less than in June last year. Of these, 12,720 persons were employed, namely 11,720 persons (92.1 percent) on the basis of employment and 1,000 persons (7.9 percent) on the basis of other business activities.

For more on the Croatian unemployment rate, working in Croatia and seasonal trends, make sure to check out our dedicated lifestyle section.

Wednesday, 29 June 2022

Low Croatian Youth Unemployment Rate Only Because of Demographic Issues

June the 29th, 2022 - Croatian youth unemployment is very low at this moment in time, not because of record economic growth or even because of the summer in which many people gain seasonal employment throughout the tourist season, but because of Croatia's ongoing demographic issues.

As Poslovni Dnevnik/Josipa Ban writes, it has never been easy for young people on the labour market, and the global coronavirus pandemic has only worsened their position. This is highlighted by recent Eurostat statistics, because the Croatian youth unemployment rate (of those aged 15 to 29) increased from 15.8 percent during the pre-pandemic year of 2019 to 2.4 percent, and then to 18.2 percent in 2021.

Croatia, however, isn't at all following these negative trends - but not for a good reason. Croatian youth unemployment rates are lower than the EU average and are continually falling. Back in 2019 it stood at 10.5 percent, and last year it dropped even further, down to 9.9 percent.

Predrag Bejakovic, a scientist at the Institute of Public Finance, explains that there are several reasons for the Croatian unemployment rate being as it is, as well as other such trends.

"The first is emigration. We don’t know the exact numbers of how many people emigrated, but the fact is that a significant number of people have left Croatia. If someone leaves, then they're usually younger people,'' says Bejakovic, adding that, in addition to emigration, the decline in the Croatian youth unemployment rate is also influenced by demographic trends, ie the fact that the share of young people in the total population in this country is always falling.

"We shouldn't forget the generous government support, the measure of the Youth Guarantee and the situation on the labour market, which is characterised by a shortage of labour," said Bejakovic.

This was a challenge for Croatia even before the unprecedented coronavirus crisis emerged

''Such trends don't mean that it's become easy for young people to find work,'' says Marta Sveb, a research assistant at the Institute for Development and International Relations (IRMO) who addressed the problem of youth and the labour market in an analysis entitled "The Pandemic: Unemployment and the Lost COVID-19 Generation".

"Getting a job was challenging even before the coronavirus crisis, and then came the so-called an ice age when there were almost no employment opportunities due to the lockdowns,'' says Sveb. The current position of young people is again, due to the war in Ukraine and the consequent energy crisis, very uncertain.

"It's to be expected, on the one hand, that employers will employ less and less due to this crisis. On the other hand, the situation on the labour market has changed significantly and employers are facing a shortage of workers. What it will be like and what the perspective of the young people is, it's really difficult to say,'' says Bejakovic, adding that everything will depend on the outcome of the war in Ukraine.

The perspective of young people, adds Marta Sveb, due to the fourth industrial revolution, will also depend on their skills.

“The World Economic Forum points to trends of declining demand for workers in the segments that have traditionally employed the most workers in previous generations. These were, for example, data entry workers, administrative and factory workers. On the other hand, there's a growing demand for highly specialised STEM profiles,'' warns Sveb.

This generation, states the young scientist, faces challenges at every single step. But that doesn’t have to all be so bad, she adds.

"We can look at challenges as an obstacle or as an opportunity," she said, adding that those who will work to further develop their skills in those sectors, such as the green economy, will certainly find employment. The education system should, of course, be adapted to this, but for those who want success, it's much better not to wait.

There is work for everyone

The differences in the youth unemployment rates among the member states of the European Union are also interesting. They vary from 28 percent in Spain and Sweden to three and eight percent in the Czech Republic and Luxembourg.

"Unemployment in the Czech Republic is low, so youth unemployment also is. On the other hand, the general unemployment rate across the Mediterranean countries, such as Spain, Greece and Italy, is high, so it's harder for young people in those countries to find work as well,'' he concluded.

For more, make sure to check out our dedicated politics section.

Wednesday, 1 June 2022

Croatia's Unemployment in April Below EU Average

ZAGREB, 1 June 2022 - Unemployment in the European Union and the euro area remained unchanged in April 2022, and in Croatia it dropped under the EU average for the first time since the start of the COVID-19 pandemic, a report from Eurostat showed on Wenesday.

The EU unemployment rate, measured by the International Labour Organisation (ILO) methodology, in April was 6.2% in the EU and 6.8% in the euro area remaining unchanged from March, Eurostat reported.

In April 2021, the unemployment rate was 7.5% in the EU and 8.2% in the euro area.

A total of 13.264 million EU citizens were unemployed in April, including 11.181 million in the euro area.

Compared with March, their number decreased by 89,000 in the EU and by 96,000 in the euro area. Compared with April 2021, their number fell by 2.543 million in the EU and by 2.175 million in the euro area. 

Croatia alongside Lithuania

Spain and Greece again recorded two-digit unemployment rates in April 2022, the highest rates among EU members, at 13.3% and 12.7% respectively. Italy followed with an unemployment rate of 8.4%.

In Croatia, the unemployment rate was 6.1% in April, down by 0.2 percentage points from March. In April 2021, it was 8.2%.

There were 111,000 jobless people in Croatia in April 2022, two thousand fewer than in March. Compared with April 2021, their number fell by 37,000.

The closest unemployment rate to Croatia was registered in Lithuania with a rate of 6.2%.

The Czech Republic continued to record the lowest unemployment rate in the EU, at 2.4%. It was followed by Germany and Poland (3%), and Malta (3.1%).

Insignificant decrease in youth unemployment

In the age group under 25, the unemployment rate in the European Union and the euro area dropped mildly in April, by 0.1 percentage points from March to 13.9%. In April last year, it was 18.4% in the EU and 18.6% in the euro area.

There were 2.6 million unemployed young people in the EU in April 2022, including 2.12 million in the euro area.

Compared with March, the number of unemployed people dropped by 6,000 in the EU and by 1,000 in the euro area.

Compared with April 2021, their number fell by 685,000 in the EU and by 555,000 in the euro area.

The highest youth unemployment rates in April were reported by Spain and Greece, at 28.9% and 36.8% respectively. The lowest rate was recorded by Ireland at 5.6%, followed by Germany at 5.7%.

In Q1 2022, Croatia registered a youth unemployment rate of 15.9%, with 23,000 jobless young people.

For more, check out our lifestyle section.

Friday, 13 May 2022

20% Less People Registered with Croatian Employment Service in April

May the 13th, 2022 - The number of individuals registered as unemployed at the Croatian Employment Service dropped by an encouraging 20 percent back in April, which, while hope giving, occurs annually due to Croatia's seasonality when it comes to labour.

As Poslovni Dnevnik writes, back the end of April this year, 118,922 unemployed persons were registered officially in the records of the Croatian Employment Service (CES), which is a decrease of 5.3 percent on a monthly basis and 20 percent on an annual basis, according to the Croatian Emplotment Service's data.

April is the third month in a row in which the number of unemployed people across the Republic of Croatia continued to fall on a monthly basis, and when compared to March, there are 6,682 fewer of them registered with the aforementioned institution.

The Croatian Employment Service's data shows that, under the influence of the typical seasonal trends which take place annually on the Croatian labour market with regard to the needs of the tourism sector and preparations for the height of the summer tourist season, this marked decline in the number of unemployed people will more than likely continue throughout the month of May.

Namely, 114,163 unemployed persons are currently registered at the Croatian Employment Service, which is 4,759 people less than were registered there back at the end of April. Currently, 23,024 vacancies have been announced at the Croatian Employment Service, and their statistics show that the number of registered unemployed people decreased by 29,822 per year.

During April this year, a total of 11,421 people were newly registered in the unemployment register, which represents 3.1 percent more than were registered back in April last year.

At the same time, 69.7 percent of newly registered individuals (equal to 7,960 people) came to the Institute directly from their previous employment. In April, most people came directly from the manufacturing industry - 1,205 people (15.1 percent).

For more, make sure to check out our dedicated lifestyle section.

Monday, 11 April 2022

Croatia Sees 19.3% Drop in Job Seekers in March

11 April 2022 - A total of 125,604 unemployed persons were registered with the Croatian Employment Service (HZZ) at the end of March 2022, down by 3.7% from the previous month and by 19.3% from March 2021.

March was the second month in a row to see a decline in the number of unemployed persons on a monthly level. There were 4,849 fewer of them compared with February. Compared with March 2021, their number decreased by 29,984.

Daily figures indicate that the number of unemployed persons will continue to fall in April as well. On Monday, 122,139 job seekers were registered with the HZZ, which is 3,465 fewer than at the end of March, and 23,702 vacancies were advertised.

In March, 13,181 job seeker signed up with the HZZ, 0.3% fewer than in March last year.

Monday, 14 February 2022

HZZ: 130,993 Jobless at End of January

14 February, 2022 - A total of 130,993 unemployed persons were registered with the Croatian Employment Service (HZZ) at the end of January 2022, up by 4.2% from the previous month and down 20.8% while compared with January 2021, the HZZ said on Monday.

HZZ records show that there were 5,278 unemployed people or 4.2% more at the end of January 2022 than at the end of December 2021.

Daily figures, available on the HZZ website, show that 129,817 unemployed persons are currently registered with the HZZ, which is 1,176 fewer than at the end of January. Currently, HZZ has 29,810 job vacancies advertised.

A comparison of data from the previous month shows that at the end of January 2022 there were 34,352 jobseekers or 20.8% fewer than at the end of January 2021.

A total of 16,683 people registered with the HZZ in January 2022, which is 3.4% more than in January 2021. HZZ also notes that 11,405 people were signed off from the unemployment register, which is 7.3% more than in January 2021.

In January 2022 a total of 29,396 people, or 22.4% of the total number of unemployed persons, were eligible for the dole, which is 18.8% or 6,788 fewer than in January 2021, HZZ reported.

Monday, 10 January 2022

Unemployment in EU, Euro Area and Croatia Hit Record Low Since Start of Pandemic

ZAGREB, 10 Jan 2022 - The unemployment rate in the European Union (EU), the euro area, and Croatia in November dropped to its lowest level since March 2020 and the outbreak of the COVID-19 pandemic, according to a report by Eurostat released on Monday.

The European Union's unemployment rate, measured by the International Labour Organisation (ILO) methodology, in November, fell by 0.2 percentage points compared to the month before, to 6.5%.

In the euro area, it slid by 0.1 percentage point to 7.2%.

In both areas, the joblessness rate thus reached its lowest level since March 2020, when COVID-19 started spreading across the world.

According to Eurostat, there were 13.984 million unemployed persons in the EU in November 2021, including 11.829 million in the euro area.

Compared to October 2021, their number declined by 247,000 in the EU and by 222,000 in the euro area. Compared to November 2020, the number of unemployed persons decreased by 1.659 million in the EU and by 1.411 million in the euro area.

In November 2021, Spain and Greece were the only EU countries to record a double-digit unemployment rate, of 14.1% and 13.4% respectively.

Croatia's unemployment rate, measured by the ILO methodology, dropped to 7.1% from a revised 7.3% in October. An earlier estimate for October indicated an unemployment rate of 7%.

That is the lowest unemployment rate since the outbreak of coronavirus in March 2020, when it was 6.5%. In the February before the pandemic, it was 5.9%.

In November, Croatia thus ranked alongside Finland and Latvia, which had unemployment of 7.2% and 7.3% respectively.

There were 127,000 unemployed persons in Croatia in November, according to Eurostat, or 4,000 fewer than in October. Compared to November 2020, their number decreased by 26,000.

The lowest unemployment rate in November was registered by the Czech Republic, of 2.2%. It was followed by the Netherlands (2.7%), Poland (3%), and Germany (3.2%).

For more on politics, follow TCN's dedicated page.

Wednesday, 27 October 2021

Croatian Unemployment Rate Falls, Fixed-Term Contracts Dominate

October the 27th, 2021 - The Croatian unemployment rate is continuing to fall, particularly and apparently encouragingly among the youth. Fixed-term contracts currently dominate.

As Poslovni Dnevnik/Jadranka Dozan writes, as of yesterday, there were 123,000 unemployed people regisered at the Croatian Employment Service (CES). When compared to the end of last month, this represents an increase of 3910 people, but on an annual basis, this number still indicates a decrease in the number of unemployed people in the country - compared to the end of last October, there are 21,000 fewer of them.

According to the latest monthly report, for September, the annual Croatian unemployment rate was almost a fifth (19 percent) or 28,340 lower. In year-on-year comparisons, the number of unemployed people in the age group of 20 to 24 decreased the most, by almost 30 percent, which brought its share in the total number of unemployed people in the country below ten percent.

There are more and more job ads...

The overall better picture of the domestic labour market compared to last year is evidenced, among other things, by the fact that as many as 44 percent more vacancies were registered in September this year (23.5 compared to 16.3 thousand).

Relatively speaking, the largest increase was recorded in Istria County, where the number of workers needed was twice as high as it was last September, in Split-Dalmatia County, 80 percent more employees were sought, Zagreb also recorded 73 percent more September searches for workers. More than 700 workers were sought for work abroad, which is 37 percent more than in the same month last year.

At the same time, slightly more than 21,400 people de-registered as unemployed last month (12 percent less than last September).

In 16,800 of them, the reason was the fact that they had found work, but more than 900 people ceased to have this status due to other forms of business activities, such as people who had started their own business (by registering a trade or company).

Of those who found employment, almost nine out of ten cases were fixed-term contracts, and almost half of new employees found work in education. Of the total number of those who found a job last month, 6,300 of them are from the group of people who have a higher education.

At the same time, more than 4,600 people were deleted from the unemployment register for other reasons, and in addition to leaving the world of work due to retirement or inclusion in regular schooling, about 1,500 people were ''deleted'' from the list due to non-compliance with legal provisions.

In more than half of the people in this group, the reason is that they aren't actively looking for a job. For 75 of them, the reason is refusing to look for or accept a job, and a further ten have refused to enroll in some form of education. Of the total number of unemployed people, the share of those who receive CES cash benefits has actually been declining for years. Currently, the benefit is received by a little more than 25 thousand people, or just a little more than every fifth unemployed person.

In the structure of those who are unemployed according to the level of education, it is noticeable that the share of highly educated people has been slightly growing this year as well, although at the end of September this year there were nominally 24,000 or almost 500 less such people in this situation than there were last year.

For more on the Croatian unemployment rate, the economy and working in Croatia, make sure to check out our business section.

Friday, 15 October 2021

Croatia's Survey Unemployment Rate at 8%

ZAGREB, 15 Oct 2021 - In the second quarter of this year, 1.69 million people in Croatia were gainfully employed, while 146,000 were unemployed, and the survey unemployment rate was 8%, according to a labor force survey carried out by the Croatian Bureau of Statistics (DZS).

The survey found that of the 146,000 unemployed people, 89,000 or 61.3% were registered with the employment bureau and the remaining 38,7% were not.

At the same time, of 138,000 job seekers registered with the Croatian Employment Service (HZZ), 48,000, or 35.1% did not meet the international employment criteria.

The survey showed that in the second quarter of this year 3.5 million Croatians were of working age (aged 15 and over), of whom 1.69 million were in work, 146,000 were out of work and 1.7 million were inactive.

Among the inactive population, 66,000 said they wanted to work but were not looking for a job, while 1.2 million did not want to work because of old age, poor health, education, and so on. There were an estimated 8,000 people who were looking for a job but could not accept it in the next two weeks, and about 28,000 who were not looking for work and could not accept it in the next two weeks. The "Others" category included 399,000 inactive persons aged 75 and over who, under the methodology, are not asked about details of their inactivity.

For more about politics in Croatia, follow TCN's dedicated page.

Page 1 of 3

Search