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

Central and Southeastern Europe defies German economic weakness

Don't hold your breath for Central Europe to give up Russian oil any time soon

Journalist associations condemn interrogation of Czech reporter by Slovak authorities

Central and Southeastern Europe defies German economic weakness

Don't hold your breath for Central Europe to give up Russian oil any time soon

Journalist associations condemn interrogation of Czech reporter by Slovak authorities

Open PDF View PDF

#SLOVAKIA #unemployment #macro

Read in IntelliNews Pro

Get IntelliNews Pro

Related Content

Central and Southeastern Europe defies German economic weakness

Don't hold your breath for Central Europe to give up Russian oil any time soon

Journalist associations condemn interrogation of Czech reporter by Slovak authorities

Central and Southeastern Europe defies German economic weakness

Don't hold your breath for Central Europe to give up Russian oil any time soon

Journalist associations condemn interrogation of Czech reporter by Slovak authorities

Data

Turkey sticks with 50% policy rate for seventh straight month

Uncertainty over the pace of improvement in inflation has increased in light of incoming data, says central bank.

Polish core inflation growth rate jumps to 4.3% y/y in September

The acceleration comes after two months of easing and is in line with the headline inflation rate.

Bulgaria’s consumer inflation at 1.2% in September

Consumer prices in Bulgaria rose by 1.2% in September 2024 compared to the same period last year (chart), according to preliminary National Statistical Institute (NSI) data. Month on month, the Consumer Price Index (CPI) decreased by 1%.

Hungary’s industrial performance among weakest in EU in August

Output in Hungary fell 4.1% y/y and 0.5% m/m.

World Bank says Bangladesh GDP growth to shrink in FY25

Bangladesh's economic recovery remains sluggish as high inflation, a balance of payments deficit, and persistent financial sector challenges dampen progress, according to the World Bank's latest Bangladesh Development Update.

Turkey sticks with 50% policy rate for seventh straight month

Polish core inflation growth rate jumps to 4.3% y/y in September

Bulgaria’s consumer inflation at 1.2% in September

Hungary’s industrial performance among weakest in EU in August

World Bank says Bangladesh GDP growth to shrink in FY25

Dismiss

Chat with usLiveChat