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Bosnia's Federation jobless rate drops to 36.7% in May

Bosnia's Federation jobless rate drops to 36.7% in May Author: The government of Bosnia's Federation. Licence: All rights reserved.

SARAJEVO (Bosnia and Herzegovina), July 16 (SeeNews) - The registered jobless rate in Bosnia's Federation decreased to 36.7% at the end of May from 37.2% a month earlier, the entity's statistical agency said on Tuesday.

The registered unemployment rate is calculated as a ratio of the number of unemployed to the total active population. Unemployment among women also declined in May, to 44.6% from 45.1%, the agency said in a statement.

The number of unemployed fell 1.7% on the month to 308,607 in May.

At the same time, the number of employed people edged up 0.4% month-on-month to 532,779 in May, while the active edged down 0.4% month-on-month to 841,386.

The Federation is one of two autonomous entities making up Bosnia and Herzegovina. The other one is the Serb Republic.