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Croatia's unemployment rate rises to 18.3%

ZAGREB, Dec 21 (Hina) - Croatia's unemployment rate increased from 17.8 percent in October to 18.3 percent in November, reaching the highest monthly level since March, the Central Bureau of Statistics said on Tuesday.

According to macroeconomic analysts polled by Hina, the rise was the result of normal seasonal trends in late autumn, the restructuring of some segments of the economy, and a sluggish economic recovery.

According to figures from the Croatian Employment Office, the number of job seekers increased by 2.6 percent (7,800 people) from October to a total of 312,350 in November.

March saw an unemployment rate of 18.4 percent.

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