Croatia Hits Record Employment With 61,000 Unemployed as Summer Tourism Hiring Accelerates
Updated
Updated · Total Croatia · Jun 12
Croatia Hits Record Employment With 61,000 Unemployed as Summer Tourism Hiring Accelerates
2 articles · Updated · Total Croatia · Jun 12
Summary
61,000 people were registered as unemployed in Croatia at the end of May, the lowest level since modern labour-market tracking began, as employment climbed ahead of the summer season.
Tourism drove the latest drop, with hotels, restaurants, accommodation and other Adriatic coast businesses ramping up seasonal hiring; retail and manufacturing also added jobs before peak summer demand.
Employers increasingly say the problem is no longer creating jobs but filling them, with shortages reported across tourism, construction, logistics and services.
Foreign workers from Nepal, India, the Philippines and Bosnia and Herzegovina are becoming more important as Croatia's ageing population, low birth rates and emigration squeeze the domestic labour pool.
The data points to strong near-term activity, but economists say low unemployment alone does not resolve concerns over productivity, wages, housing costs and long-term competitiveness.