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Employment up by 3.3% y-o-y in July


Average monthly employment in the enterprise sector amounted to almost 5.53 million people in July, an increase of 3.3% in comparison with the corresponding period of 2010, according to the Central Statistical Office (GUS). The result was below market expectations, which were for an increase of 3.5% y-o-y.

On a month-on-month basis employment remained broadly unchanged (during the analysed period there were approximately 1,600 more people in work compared with June). In the 12 months to July, average employment in the enterprise sector had risen by around 182,500.

In the January-July period average monthly employment in the enterprise sector grew by 3.7% y-o-y.

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