PODGORICA (Montenegro), March 18 (SeeNews) – Montenegro’s unemployment rate grew to 16.1% in the fourth quarter of 2018, up by 2.0 percentage points compared to the previous quarter, the country's statistical office said on Monday.
The number of unemployed persons in Montenegro increased 12.1% on the quarter to 45,400 at the end of December 2018, the statistical office said in a statement.
The employment rate in Montenegro decreased to 47.5% in the fourth quarter of 2018, down from 49.5% in July-September 2018.