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Employment up by 3.1% y-o-y in August


Average monthly employment in the enterprise sector amounted to 5.52 million people in August, an increase of 3.1% 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 3.3% y-o-y.

On a month-on-month basis employment slipped by 0.1%. During the analysed period there were approximately 7,900 fewer people in work compared with July. In the 12 months to August, average employment in the enterprise sector had risen by about 168,100.

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

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