In the fourth quarter of 2018, number of the employed amounted to 2 817 400, and number of the unemployed to 416 600. Employment rate for the mentioned period amounted to 47.4%, while unemployment rate, in the same period, had the value of 12.9%.
In the fourth quarter 2018, the number of employed increased by 53 800 and number of unemployed decreased by 59 000 relative to the fourth quarter of the previous year. Employment rate was increased by 1.1 percentage point (p.p.), while unemployment rate was decreased by 1.8 p.p. In scope of total employment, decreased was informal employment (by 37 000) and increased was formal employment (by 91 000), dominantly in the activity sections of Manufacturing, Administrative and support service activities, Construction and Wholesale and retail trade and repair of motor vehicles and motorcycles. Such trend is in accordance with registered employment trend, according to the records of Central Registry for Compulsory Social Insurance.
Compared with the third quarter 2018, employment was decreased by 111 900, whereof two thirds related to the following activity sections: Agriculture, forestry and fishery and Households producing goods and services, due to seasonal character of the mentioned jobs. Namely, the most frequently persons with lower and secondary education lost their jobs, while in the category of persons with tertiary education, number of employed increased in the mentioned period. Due to decreased employment, number of unemployed increased (by 44 700) and number of inactive persons (by 58 700).