Business News

Registered Unemployment up in July

Ljubljana, 17 September (STA) - Slovenia's registered unemployment rate rose 0.1 percentage point at a monthly level in July to 12.9%, the first increase after four months of decline, the Statistics Office said on Tuesday.

The unemployment rate among men dropped 0.1 points to 12% and is now 1.4 percentage points lower than at the beginning of the year. It rose 0.3 points to 13.8% among women to the same level it was in early 2013.

The statisticians say the July increase is seasonal, with data for previous years suggesting the unemployment rate will not change much through October, when it typically jumps.

Almost half of the increase in unemployment rolls is the result of 1,000 job cuts in education, which coincides with the end of the school year.

The number of people in paid employment dropped by 2,100 to 794,359, the first decline this year. The number of the self-employed dropped by 0.4% to 94,567.

The number of those registered as unemployed rose 0.5% on the previous month to 117,143, a 9.6% increase compared to the same period last year.

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