Employment Rate in Slovakia decreased to 66.80 percent in the second quarter of 2020 from 68 percent in the first quarter of 2020.

Employment Rate in Slovakia averaged 60.72 percent from 1998 until 2020, reaching an all time high of 68.60 percent in the first quarter of 2019 and a record low of 56.10 percent in the first quarter of 2004. This page provides - Slovakia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Employment Rate - values, historical data and charts - was last updated on October of 2020.

Employment Rate in Slovakia is expected to be 67.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Slovakia to stand at 67.41 in 12 months time. In the long-term, the Slovakia Employment Rate is projected to trend around 67.59 percent in 2021 and 67.68 percent in 2022, according to our econometric models.

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Slovakia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.80 68.00 68.60 56.10 1998 - 2020 percent Quarterly
NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.60 19.79 4.88 percent [+]
Employed Persons 2504.50 2552.30 2591.20 2083.50 Thousand [+]
Unemployed Persons 208362.00 209786.00 533676.00 134124.00 [+]
Labor Force Participation Rate 93.40 94.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 19.40 19.80 39.90 13.10 percent [+]
Productivity 113.90 106.20 113.90 45.00 points [+]
Labour Costs 130.90 134.80 134.80 47.30 points [+]
Wages 1121.00 1157.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1103.00 1132.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 580.00 580.00 580.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.67 62.50 62.67 62.00 [+]
Retirement Age Men 62.67 62.50 62.67 62.00 [+]
Wage Growth 3.00 3.30 14.70 -33.10 percent [+]
Part Time Employment 118.30 111.70 148.90 35.10 Thousand [+]
Employment Change -1.10 -0.80 1.90 -1.40 percent [+]
Employment Rate 66.80 68.00 68.60 56.10 percent [+]
Full Time Employment 2292.00 2341.90 2446.40 1877.10 Thousand [+]


Slovakia Employment Rate
In Slovakia, the employment rate measures the number of people who have a job as a percentage of the working age population.