Croatia Fights Against High Unemployment

BusinessEconomy ♦ Published: February 4, 2013; 19:58 ♦ (Vindobona)

In order to reduce the number of jobless workers, Croatia´s government plans to invest € 60m in labor market measures.

Croatia Fights Against High Unemployment / Picture: © Vindobona.org

At the moment, Croatia´s unemployment quota comes at 21%.. This is the highest unemployment rate is since 2003. At the end of January, the country has recorded more than 375,000 jobseekers. Since the beginning of the year, the number of unemployed workers was up by 12,000According to economists, the bad labor market situation is mainly due the current recession. Last year, Croatia´s…