Business News

Registered Unemployment Down in May

Ljubljana, 03 June (STA) - The number of unemployed registered with the Employment Service fell 2.6% in May over April to 108,634, but is still 10.4% above the May 2010 figure. This is the biggest drop in unemployment this year, the service said on Friday.

6,366 people newly registered as unemployed in May, a 2.4% increase over April but 6.2% down on May last year. The newly registered included 680 young people looking for their first job. 1,970 were redundant workers, while fixed term contracts had ran out for 2,712.

Of the 9,293 unemployed people who were struck from the Employment Service registry in May, 6,259 found work, which is 4.1% more than in April and 33.2% more than in May 2010.

Employers registered 17,839 vacancies in May, a 13.6% increase over April and a 30.3% rise year-on-year.

As regards the unemployment structure, the past three months saw a notable increase in the share of the unemployed older than 50 and the share of long-term unemployed.

Average registered unemployment stood at 112,977 in the first five months of 2011, which is a 13.9% increase on the same period last year. 40,919 registered anew during this time, while 42,306 signed themselves out of the registry.

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