The unemployment level in Slovakia (PDU indicator) continued to tick up in January to 3.92% after it inched up to 3.81% in December. Unemployment dropped year on year by 0.05 percentage points.
“In the coming months, it is possible to expect a stable level of unemployment or a slight decrease in connection to the start of spring works in agriculture and construction as well as with the process of entering new employment in case of persons whose work contracts ended in December 2024,” the country’s Institute for Social Policy stated in a press release released by the Centre for Labour, Social Affairs and Family (PSVR).
There were 166,638 job applicants registered with PSVR at the end of January, while there were more than 96,000 available job openings.
The lowest PDU was registered in the Bratislava region (2.75%) of the country’s capital and surrounding districts, while the highest was in the Presov region (6.23%) in the east of the country.