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Croatia's labour demand falls 2.2% y/y in Nov – think-tank

Dec 4, 2023, 5:04:25 PMArticle by Annie Tsoneva
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December 4 (SeeNews) - Labour demand in Croatia fell 2.2% on the year in November, its second biggest decline rate since February 2021, a local think-tank said on Monday.

Croatia's labour demand falls 2.2% y/y in Nov – think-tank
Source: Valamar

Seasonally adjusted figures show that the Online Vacancy Index (OVI) measuring labour demand decreased by 2.8 percent in November compared to the previous month, which is the largest drop on a monthly level since June, the Institute of Economics Zagreb (EIZ) said in a monthly report.

In the first 11 months of this year, the index rose by 3.7% on the year. Even if the drop continues in December, growth is expected in the annual index value in the fourth quarter.

In November, demand was highest for salespersons, warehouse workers, bookkeepers, waiters and drivers.

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