Home / Business and Politics / The EU trend is employment growth, while in Croatia there is an increase in unemployment

The EU trend is employment growth, while in Croatia there is an increase in unemployment

According to the latest data from Eurostat, employment in the third quarter (Q3) of 2015 in the European Union (EU) grew by 0.4 percent, and by 0.3 percent in the eurozone countries.

Compared to the same quarter last year, employment in the Union increased by 1.1 percent. This is good news, but the bad news is that Croatia is not following these trends; on the contrary, we lead the EU in the decline of employed persons in Q3 2015 with 0.6 percent fewer employed than in the third quarter of 2014, followed by Portugal and Malta with a decrease in the number of employed by 0.5 and 0.3 percent, respectively.

Employment grew the most in Estonia (+2.1 percent), Hungary (+0.8 percent), Ireland, Spain, Luxembourg, and the UK (+0.6 percent).

Eurostat estimates that the total number of employed persons in Q3 2015 in the Union is 229.8 million, of which 151.5 million are in the eurozone countries.

Although we do not follow positive trends in employment, which is certainly concerning, the situation is reversed regarding real agricultural income per worker. Namely, in the EU, it fell by 6 percent, but in Croatia, it increased by as much as 21.5 percent compared to last year, putting us far ahead of other countries. Following us are Latvia (14.3 percent), Greece (12.1 percent), France (8.8 percent), and Italy (8.7 percent), while the largest declines in real agricultural income per worker were recorded in Germany (-37.6 percent), Poland (-23.8 percent), Luxembourg (-10 percent), and Denmark (-19.7 percent).