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| Unemployment rate falls to 7.74 percent in April |
| Bratislava, 01.06.2017 |
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| For the first time since 2008, the unemployment rate in Slovakia was lower than 8 percent.
The unemployment rate decreased by 0.3 percentage points (p.p.) month-on-month in April and by 1.9 p.p. year-on-year, to stand at 7.74 percent, the TASR newswire wrote on May 19, citing Labour, Social Affairs and the Family Centre (ÚPSVaR) general director Marian Valentovič.
The number of jobseekers immediately able to start work was 211,104 in April, a decrease of 8,045 individuals m-o-m and of 50,810 (19.4 percent) y-o-y.
The unemployment rate calculated from the total number of jobseekers reached 9.13 percent in April, down by 0.32 p.p. m-o-m and by 2.27 p.p. y-o-y.
Meanwhile, the total number of jobseekers stood at 248,753 in April, falling by 8,805 m-o-m and by 60,830 (19.65 percent) y-o-y.
In terms of individual regions, the unemployment rate fell in all Slovak regions in April, with the Nitra region seeing the most significant drop. Labour offices reported 50,173 job vacancies in late April, up by 5,352 m-o-m, Valentovič added.
Labour Minister Ján Richter sees several projects implemented to boost employment as reasons for the drop. He also assumes that the joblessness rate might hit an all-time low this summer. “We have launched several projects, there are vacancies, there is demand from employers,” Richter opined. “Last month 1,513 long-term unemployed found a job and their number for the past year was 12,774,” he explained. “One third of the long-term unemployed who managed to find a job were unemployed in the extremely long term.”
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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