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DZS: Last year in the fourth quarter, 60 thousand more employed than in 2016.

In the fourth quarter of last year, there were 1 million and 639 thousand employed persons in Croatia, which is 60 thousand more than in the same period a year earlier, while the number of unemployed persons decreased by 44 thousand year-on-year, to 200 thousand, according to the first data from the Labor Force Survey published by the Croatian Bureau of Statistics (DZS).

The Labor Force Survey is conducted quarterly by the DZS, based on the methodology of the International Labour Organization (ILO), and provides internationally comparable data on employment and unemployment.

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Data for the period from October to the end of December last year show that there were 1.6 million employed persons in Croatia during that period.

Considering the seasonal trends in the Croatian labor market and higher employment during the third quarter, i.e., the tourist season, the number of employed persons in the last quarter of last year was lower by 44 thousand on a quarterly basis.

However, on an annual basis, compared to the last quarter of 2016, data from the Labor Force Survey show that there were 60 thousand more employed persons in the last quarter of last year.

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Thus, the employment rate, which shows the share of employed persons in the working-age population and which was 46.3 percent in the last quarter of last year, recorded a quarterly decrease of 1.2 percentage points, while compared to the last quarter of 2016, it increased by 1.9 percentage points.

At the same time, the unemployment rate was 10.9 percent, 1.9 percentage points higher compared to the previous quarter, and 2.5 percentage points lower than in the fourth quarter of 2016.

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According to the survey data, in the fourth quarter of last year, there were 3.54 million working-age persons in Croatia, which includes those over 15 years old, of which 1.84 million were active and 1.7 million were inactive.

Statistics show that the number of working-age persons has been decreasing by about four to five thousand persons from the third quarter of 2016 on a quarterly basis.

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The number also fell by four thousand in the fourth quarter of last year compared to the previous quarter, and on an annual basis, that is, compared to the fourth quarter of 2016, the number of working-age persons decreased by 18 thousand.

The activity rate, or the percentage share of the active population in the working-age population, was 52.0 percent in the fourth quarter of last year. This is 0.2 percentage points lower compared to the activity rate of 52.2 percent in the third quarter of last year, but also 0.7 percentage points higher on an annual basis, as the activity rate in the fourth quarter of 2016 was 51.3 percent.