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Sarajevo Times > Blog > BUSINESS > What is the Number of unemployed in BiH?
BUSINESS

What is the Number of unemployed in BiH?

Published: June 14, 2022
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In the first quarter of this year, the workforce in Bosnia and Herzegovina consisted of 1.388 million people, of which 1.157 million (83.3 percent) were employed and 231 thousand (16.7 percent) unemployed.

According to the data obtained through the Labor Force Survey conducted in the first quarter, ie in the period January-March this year, the number of employed persons decreased by 1.9 percent, and the number of unemployed increased by 2.2 percent compared to the previous quarter, shows the data from the research of the BiH Agency for Statistics.

The number of persons outside the labor force in the first quarter amounted to 1.499 million and did not change compared to the previous quarter.

The activity rate was 48.1 percent, the employment rate 40.1 percent, the unemployment rate 16.7 percent and the inactivity rate 68.2 percent.

In the observed period, out of the total number of employed persons, 66.1 percent belong to the age group from 25 to 49 years, then 26.2 percent to the age group from 50 to 64 years, 6.2 percent to the age group from 15 to 24 years and 1, 4 percent are 65 and older.

Of the total number of unemployed, 62.7 percent belong to the age group of 25 to 49, followed by 19.7 percent of the age group of 50 to 64, and 17.3 percent of the age group of 15 to 24, and 0.3 percent have 65 and older.

Data on registered unemployment, which stood at 30.7 percent in March, differ from the survey rate reached by a survey of a representative sample.

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