Unemployment in Slovakia slightly eases in April

Analysis

The unemployment rate in Slovakia reached 14.41% in April, which is 0.27 percentage points down compared to the previous month, the TASR new agency  reported citing an announcement by Labor Minister Ján Richter on Monday. The overall number of jobseekers in April stood at 422,071, fell by 9,311 compared to March, Richter said. According to the report, more than half of all jobless Slovaks (55.3%) are long-term unemployed, meaning two years or more. In addition, the number of jobless youth, below 25 years of age, reached almost 76,400, including 24,640 school-leavers and graduates. Analysts from the National Bank of Slovakia attribute April’s drop in the official unemployment rate to seasonal work.

ADVERTISEMENT

Differences in taxation in the CEE region Analysis

Differences in taxation in the CEE region

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

MNB and Budapest Institute of Banking executive director Ger... Podcasts

MNB and Budapest Institute of Banking executive director Ger...

FINA head thanks Hungary for hosting 2022 worlds City

FINA head thanks Hungary for hosting 2022 worlds

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.