Slovak unemployment inches down to 3.82%

Slovak unemployment inches down to 3.82%

/ bne IntelliNews

By Albin Sybera May 21, 2024

Unemployment in Slovakia dropped to 3.82% in April, decreasing for the third month in a row. It is a decrease of 0.26 percentage points year on year and 0.06 pp month on month.

Minister of Labour, Social Affairs and Family Erik Tomas (Hlas) praised the launching of two projects to boost the employment of graduates and other vulnerable groups as proof that “despite the unusually low unemployment there are still areas where a support of the state is needed.”

The number of job applicants registered with the labour office in April was 165,829. Michal Tomajko, an analyst at the state’s Institute for Social Policy, pointed out that the figure is just by 872 more than the record minimum from May 2019.

Unemployment dropped across all Slovak regions, with the Banska Bystrica region in Central Slovakia registering the steepest drop of 0.15 pp to 5.34%. From among the districts, the steepest drop was recorded in Rimavska Sobota in southern Slovakia – from 10.64% to 10.20%.

Related Content

Czech Airlines dispatches its last flight, ending 101 years of company history

Unemployment in Slovakia inches down to 3.83% in September

Slovak GDP growth improves after revision to 3.3% in 1Q and 2% in 2Q 2024

Czech Airlines dispatches its last flight, ending 101 years of company history

Unemployment in Slovakia inches down to 3.83% in September

Slovak GDP growth improves after revision to 3.3% in 1Q and 2% in 2Q 2024

Open PDF View PDF

#SLOVAKIA #unemployment #macro

Read in IntelliNews Pro

Get IntelliNews Pro

Related Content

Czech Airlines dispatches its last flight, ending 101 years of company history

Unemployment in Slovakia inches down to 3.83% in September

Slovak GDP growth improves after revision to 3.3% in 1Q and 2% in 2Q 2024

Czech Airlines dispatches its last flight, ending 101 years of company history

Unemployment in Slovakia inches down to 3.83% in September

Slovak GDP growth improves after revision to 3.3% in 1Q and 2% in 2Q 2024

Data

Germany steps up Iraqi Kurdish deportations under secret Baghdad deal

Germany deported 36 refugees to the Kurdistan Region via Baghdad International Airport on October 22, marking the second such operation under a recently revealed secret agreement with Iraq's central government.

Romania’s public debt hiked by €3.3bn in July to reach 52% of GDP

Annual rise in public debt is expected reach a new record in 2024 of over €28bn, surpassing the €25.9bn net borrowing in the Covid year 2020.

Unemployment in Slovakia inches down to 3.83% in September

The unemployment level in Slovakia inched down to 3.83% in September. This is down by 0.04 percentage points month on month and by 0.15 pp year on year.

Hungarian National Bank takes a pause in easing cycle

Central bank leaves base rate unchanged at 6.50%, but most analysts expect a rate cut to 6.25% by the end of 2024.

Polish retail sales "collapse" in September, but analysts say strong fundamentals remain intact

Analysts point to weaker consumption linked to slowdown in nominal wage growth and rebound of inflation.

Germany steps up Iraqi Kurdish deportations under secret Baghdad deal

Romania’s public debt hiked by €3.3bn in July to reach 52% of GDP

Unemployment in Slovakia inches down to 3.83% in September

Hungarian National Bank takes a pause in easing cycle

Polish retail sales "collapse" in September, but analysts say strong fundamentals remain intact

Dismiss

Chat with usLiveChat