SARAJEVO, July 17 (Xinhua) -- The unemployment rate in Bosnia and Herzegovina (BiH) stood at 15.7 percent in the first half of 2019, down 2.7 percentage points from that for the same period last year, according to data from the Labor Force Survey in 2019, released Wednesday by BiH Agency for Statistics.
The BiH Agency for Statistics published preliminary data of this survey, which was conducted in mid-April, fourteen times, on a sample of 10,789 households, of which 5,969 were selected in the Federation of BiH, 3,750 in Republika Srpska and 1,070 in Brcko District of BiH, according to Sarajevo Times.
The Labor Force Survey showed that the unemployment rate was 13.6 percent for men and 18.8 percent for women. Data show that the unemployment rate was highest among young people aged 15 to 24 and was 33.8 percent (31.3 percent for men and 37.9 percent for women).
In the observed period, 23.1 percent of unemployed people were looking for a job for less than 12 months, and as many as 75.7 percent of unemployed job seekers has been doing business for more than a year, which is a consequence of the post-war situation and transition of the economy in BiH, Sarajevo Times reported.
When it comes to the educational structure of unemployed persons, the report shows that 74.1 percent of persons have finished the secondary school, followed by persons who finished the lower education, 14.2 percent, and persons who have postgraduate degrees, 11.7 percent.
