Thursday, December 07, 2006

Unemployment in Macedonia Reaches 37.2%

Skopje. According to the information of the State Statistical Institute in Macedonia the level of the unemployment in the country is 37.2%, the Macedonian daily Vecer reports.
According to the Director of the Institute Blagica Novkovska, the price of labor on the Macedonian market was high, since employers must pay a lot of taxes. Finance Minister Trayko Slavevski believes that this was the reason for the existence of the gray economy in the country.

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