Business News

Registered Unemployment at 12.3%, Most in Over a Decade

Ljubljana, 16 March (STA) - The registered unemployment rate in Slovenia stood at 12.3%, up 0.5 percentage points over the month before and the highest it has been in more than a decade, the Statistics Office said on Wednesday.

The January rate surpassed the 12.3% registered in April 2000, after which unemployment steadily fell until the onset of the recent economic crisis.

The number of those registered out of a job spiked by 5,100 to 115,132 in January. The office said a spate of bankruptcies in the construction sector contributed most to this.

Meanwhile, the number of people in paid employment fell by 3,200 to 727,343.

The unemployment rate among men stood at 12% in January, which is 0.6 percentage points more than in December 2010.

Meanwhile, 12.7% of women were out of a job, 0.3% more than a month earlier.

Unemployment in the Pomurje region in NE Slovenia surpassed 20% in January, while the lowest unemployment rate was in the Gorenjsko region (north), where it stood at around 9%.

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