Slovakia Unemployment Rate

The unemployment rate in Slovakia declined to 5.2 percent in February of 2019 from 5.3 percent in the previous month and matching market expectations. Unemployment Rate in Slovakia averaged 12.52 percent from 1994 until 2019, reaching an all time high of 19.79 percent in January of 2001 and a record low of 5 percent in December of 2018.

Unemployment Rate in Slovakia is expected to be 4.80 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 4.50 in 12 months time. In the long-term, the Slovakia Unemployment Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-12-20	09:30 AM	Unemployment Rate	5.1%	5.2%	5.14%	5.2%
2019-01-21	09:30 AM	Unemployment Rate	5%	5.1%	5.1%	5.1%
2019-02-20	01:30 PM	Unemployment Rate	5.3%	5%	5.06%	5%
2019-03-21	09:30 AM	Unemployment Rate	5.2%	5.3%	5.2%	4.9%
2019-04-23	08:40 AM	Unemployment Rate		5.2%	5.08%	4.8%
2019-05-20	08:40 AM	Unemployment Rate				4.7%
2019-06-19	08:40 AM	Unemployment Rate				4.6%

Slovakia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.20	5.30	19.79	5.00	percent	[+]
Employed Persons	2589.30	2579.00	2589.30	2083.50	Thousand	[+]
Unemployed Persons	141432.00	144230.00	533676.00	138198.00		[+]
Labor Force Participation Rate	93.90	93.60	93.90	79.40	percent	[+]
Long Term Unemployment Rate	3.90	4.20	12.50	3.90	percent	[+]
Youth Unemployment Rate	11.60	11.90	39.90	11.60	percent	[+]
Labour Costs	121.40	106.00	121.40	46.90	Index Points	[+]
Productivity	123.70	130.70	130.70	56.70	Index Points	[+]
Wages	1083.00	1123.00	1319.00	349.00	EUR/Month	[+]
Wages in Manufacturing	1063.00	1108.00	1305.00	341.00	EUR/Month	[+]
Minimum Wages	520.00	480.00	520.00	69.43	EUR/Month	[+]
Population	5.44	5.44	5.44	4.14	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	110.00	121.60	148.90	35.10	Thousand	[+]
Wage Growth	3.50	3.30	14.70	-33.10	percent	[+]
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	[+]
Employment Change	0.40	0.40	1.90	-1.40	percent	[+]
Employment Rate	67.90	67.10	67.90	56.10	percent	[+]
Full Time Employment	2446.40	2424.70	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.20	5.30	19.79	5.00	1994 - 2019	percent	Monthly

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Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Turkey	14.70	Jan/19	13.5	14.8 : 7.3	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Brazil	12.40	Feb/19	12	13.7 : 6.2	%
Italy	10.70	Feb/19	10.5	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.80	Feb/19	7.8	12.1 : 7.3	%
Saudi Arabia	6.00	Dec/18	6	6.3 : 4.35	%
Canada	5.80	Mar/19	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Mar/19	4.9	11.2 : 4	%
Russia	4.70	Mar/19	4.9	14.1 : 4.5	%
United Kingdom	3.90	Feb/19	3.9	12 : 3.4	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
South Korea	3.80	Mar/19	3.7	7.1 : 3	%
United States	3.80	Mar/19	3.8	10.8 : 2.5	%
India	3.53	Dec/18	3.52	8.3 : 3.41	%
Mexico	3.30	Feb/19	3.6	6.42 : 2.22	%
Netherlands	3.30	Mar/19	3.4	7.9 : 3.3	%
Germany	3.10	Feb/19	3.2	11.5 : 0.4	%
Switzerland	2.50	Mar/19	2.7	5.7 : 1.5	%
Japan	2.30	Feb/19	2.5	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%