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April 17, 2003 - Thursday |
G17 Institute’s economic considerations
In 1Q of this year inflation reached 1.8% stated executive director of G17 Institute Mirko Stimac. If trend continue annual inflation will attain 7.4%. In the first two months salaries dropped really and nominally compared to the end of last year, but the nominal salary was 29% and real 14.8% greater compared to the same previous year period.
Great problem is increasing of jobless and reducing of demands for new workers. On the end of February 938,190 jobless were registered, 1.6% more than in January and 17.9% more compared with last year February. Unemployment rate is 31.64%.
According to Dejan Gajic, textile industry is in very bed position. This industry could become a marginal industrial branch which could employee only 15,000 – 20,000 workers instead present 100,000.
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