Business News

Survey Unemployment Rate Rises to 8.9% in 2012

Ljubljana, 05 April (STA) - The survey unemployment rate in Slovenia jumped to 8.9% at the end of 2012, a rise of 0.7 percentage points over a year earlier, the Statistics Office announced on Friday.

The survey unemployment rate, measured according to standards of the International Labour Organisation (ILO), has risen steadily since the start of the global financial and economic crisis in 2008. That year it stood at 4.4%, rising to 5.9% in 2009 and 7.3% in 2010.

In 2011, the rate reached 8.2%, the highest since 2004.

The survey also found that the jobless number rose to an average of 90,000 last year, up 6,000 over 2011.

Despite the growth in the unemployment rate, the positive sign is that the rate of growth is slowing, the Statistics Office said.

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