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Employment up by 2.8% y-o-y in September


Average monthly employment in the enterprise sector amounted to just over 5.51 million people in September, an increase of 2.8% in comparison with the corresponding period of 2010, according to the Central Statistical Office (GUS). The result was slightly worse than a consensus forecast of 2.9% y-o-y.

On a month-on-month basis employment slipped by 0.1%. During the analysed period there were approximately 5,500 fewer people in work compared with August. In the 12 months to September, average employment in the enterprise sector had risen by nearly 151,000.

In the January-September period average monthly employment in the enterprise sector was 3.6% higher y-o-y.

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