Unemployment at almost 13% at the end of 2018

The unemployment rate in Serbia stood at 12.9 percent in the fourth quarter of 2018, the Serbian Statistics Office said on Thursday.

According to the relevant data, the workforce numbered 2,817,400 with 416,600 people registered as unemployed.

The unemployment rate among Serbian citizens aged 15 and over stood at 47.4 per cent with unemployment among men standing at 55 percent and among women at 40.3 percent. So-called informal employment stood at 18.1 percent with 57.5 per cent of the informal sector working in the farming industry.

The highest employment was in the Belgrade region (50.3 per cent) followed by Sumadija, Western Serbia and Vojvodina while the lowest employment rate was in the Southern and Eastern Serbia region (44 percent).

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The unemployment rate was lowest in the Belgrade region, standing at 10 percent.

The statistics office conducted its research in the last quarter of 2018, polling 16,074 households.

Industrial production in January 2018 is 5.5% lower than a year before

Industrial production in Serbia in January was 5.5 percent lower than at the same time last year, and it was down by 12.2 percent compared to the average in 2018, the Statistical Office has also said.

Observed by sectors, in January 2019, compared to the same month in 2018, the mining sector recorded an 11 percent decline, the electricity, gas, steam and air conditioning sector fell by 9.5%, while the decline in the manufacturing sector was 3.6 percent.

Data on industrial production by target groups in January 2019 compared to January of the previous year show that there has been a decline in the production of durable consumer goods, by 9.2 percent, intermediate products, except energy, by 7, 4 percent, non-durable consumer goods by six percent and energy by 5.2 percent, while growth was recorded in the production of capital goods by 2.2 percent.

(N1, 28.02.2019)


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