Unemployment in Macedonia increased by 51 percent

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At the end of February, Macedonia registered 159,608 unemployed people, unlike last year when the number was 105,816. In one year alone in Macedonia exactly 53,789 are newly unemployed. These are the official data of the Employment Agency, which indicate the effects of the government’s poor management of the coronary crisis in the labor market.

On a monthly basis the number of unemployed persons increased by 0.6% in February, according to data published by the Employment Agency.

The country’s economy shrank by about 4.5% year-on-year in real terms in 2020, Macedonia’s statistical office said this month, citing preliminary data.

In February, the government adopted a new, fifth set of measures worth 9.7 billion denars (187.6 million USD / 157.7 million euros) aimed at boosting economic growth and improving market liquidity by supporting businesses and individuals. affected by the COVID-19 pandemic. The previous four coronavirus relief sets of measures were worth 1 billion euros.

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