Slovakia Unemployment Rate

Unemployment Rate in Slovakia came in at 5 percent in August of 2019, the same as in the previous month. Unemployment Rate in Slovakia averaged 12.36 percent from 1994 until 2019, reaching an all time high of 19.79 percent in January of 2001 and a record low of 4.90 percent in April of 2019.

Unemployment Rate in Slovakia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Slovakia to stand at 4.70 in 12 months time. In the long-term, the Slovakia Unemployment Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-06-20	08:40 AM	Unemployment Rate May	4.9%	4.9%	4.87%	4.8%
2019-07-19	08:40 AM	Unemployment Rate Jun	5%	4.9%	4.9%	4.8%
2019-08-20	12:00 PM	Unemployment Rate Jul	5%	5%	4.96%	5%
2019-09-20	08:30 AM	Unemployment Rate Aug	5%	5%	4.95%	5%
2019-10-18	08:40 AM	Unemployment Rate Sep		5%		5%
2019-11-19	09:40 AM	Unemployment Rate Oct				4.8%
2019-12-20	09:40 AM	Unemployment Rate Nov				4.7%

Slovakia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.00	5.00	19.79	4.90	percent	[+]
Employed Persons	2569.90	2588.40	2589.30	2083.50	Thousand	[+]
Unemployed Persons	137006.00	136973.00	533676.00	134124.00		[+]
Labor Force Participation Rate	94.30	94.20	94.30	79.40	percent	[+]
Long Term Unemployment Rate	3.50	3.70	12.50	3.50	percent	[+]
Youth Unemployment Rate	12.10	12.40	39.90	12.10	percent	[+]
Productivity	119.60	111.70	130.70	56.70	Index Points	[+]
Labour Costs	120.10	120.50	121.40	46.90	Index Points	[+]
Wages	1158.00	1125.00	1319.00	349.00	EUR/Month	[+]
Wages in Manufacturing	1136.00	1111.00	1305.00	341.00	EUR/Month	[+]
Minimum Wages	520.00	480.00	520.00	69.43	EUR/Month	[+]
Population	5.45	5.44	5.45	3.39	Million	[+]
Retirement Age Women	62.42	62.17	62.42	62.00		[+]
Retirement Age Men	62.42	62.17	62.42	62.00		[+]
Living Wage Family	640.00	635.00	640.00	635.00	EUR/Month	[+]
Living Wage Individual	450.00	445.00	450.00	445.00	EUR/Month	[+]
Part Time Employment	108.20	110.00	148.90	35.10	Thousand	[+]
Wages Low Skilled	678.00	542.00	678.00	518.00	EUR/Month	[+]
Wages High Skilled	1250.00	945.00	1250.00	884.00	EUR/Month	[+]
Wage Growth	7.00	4.60	14.70	-33.10	percent	[+]
Employment Change	0.30	0.40	1.90	-1.40	percent	[+]
Employment Rate	68.60	68.20	68.60	56.10	percent	[+]
Full Time Employment	2441.60	2446.40	2446.40	1877.10	Thousand	[+]

In Slovakia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Slovakia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.00	5.00	19.79	4.90	1994 - 2019	percent	Monthly

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	13.00	Jun/19	12.8	14.8 : 7.3	%
Brazil	11.80	Jul/19	12	13.7 : 6.2	%
Argentina	10.60	Jun/19	10.1	20.8 : 5.9	%
Italy	9.90	Jul/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.50	Jul/19	7.5	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Aug/19	5.7	13.1 : 2.9	%
Saudi Arabia	5.60	Jun/19	5.7	6.3 : 4.35	%
Australia	5.30	Aug/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.30	Aug/19	4.5	14.1 : 4.3	%
United Kingdom	3.80	Jul/19	3.9	12 : 3.4	%
Mexico	3.70	Jul/19	3.6	6.42 : 2.22	%
United States	3.70	Aug/19	3.7	10.8 : 2.5	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Netherlands	3.50	Aug/19	3.4	7.9 : 3.3	%
South Korea	3.10	Aug/19	4	7.1 : 3	%
Germany	3.00	Jul/19	3.1	11.5 : 0.4	%
Japan	2.20	Jul/19	2.3	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Aug/19	2.1	5.7 : 1.5	%