The unemployment rate in Slovakia decreased to 5.1 percent in November of 2018 from 5.2 percent in the previous month, in line with market expectations and compared with 6 percent in the corresponding month of the previous year. It was the lowest jobless rate since series began in March of 1994. The number of unemployed persons declined by 3,812 to 139.5 thousand in November from 143.3 thousand in the previous month. Compared with the previous year, unemployment fell by 22,560 from 162 thousand. Unemployment Rate in Slovakia averaged 12.60 percent from 1994 until 2018, reaching an all time high of 19.79 percent in January of 2001 and a record low of 5.10 percent in November of 2018.

Unemployment Rate in Slovakia is expected to be 5.20 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 5.20 in 12 months time. In the long-term, the Slovakia Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.

Slovakia Unemployment Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-20 09:10 AM Unemployment Rate 5.4% 5.5% 5.6%
2018-10-19 08:30 AM Unemployment Rate 5.4% 5.4% 5.41% 5.5%
2018-11-19 01:00 PM Unemployment Rate 5.2% 5.4% 5.23% 5.3%
2018-12-20 09:30 AM Unemployment Rate 5.1% 5.2% 5.14% 5.2%
2019-01-21 09:40 AM Unemployment Rate 5.1% 5.1% 5.20%
2019-02-19 09:40 AM Unemployment Rate 5.40%
2019-03-19 09:40 AM Unemployment Rate 5.40%


Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.20 19.79 5.10 percent [+]
Employed Persons 2579.00 2556.00 2579.00 2083.50 Thousand [+]
Unemployed Persons 139527.00 143339.00 533676.00 139527.00 [+]
Labor Force Participation Rate 93.60 93.40 93.60 79.40 percent [+]
Long Term Unemployment Rate 4.20 4.40 12.50 4.20 percent [+]
Youth Unemployment Rate 13.90 14.10 39.90 13.90 percent [+]
Labour Costs 106.00 111.20 116.50 46.90 Index Points [+]
Productivity 130.70 116.80 130.70 56.70 Index Points [+]
Wages 1106.00 1072.00 1241.00 349.00 EUR/Month [+]
Wages in Manufacturing 1086.00 1060.00 1226.00 341.00 EUR/Month [+]
Minimum Wages 480.00 480.00 480.00 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 121.60 127.60 148.90 35.10 Thousand [+]
Wage Growth 3.30 3.50 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 0.50 0.50 1.90 -1.40 percent [+]
Employment Rate 67.10 67.10 67.10 56.10 percent [+]
Full Time Employment 2424.70 2389.00 2424.70 1877.10 Thousand [+]


Slovakia Unemployment Rate

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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 5.20 19.79 5.10 1994 - 2018 percent Monthly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.10 Oct/18
United States 3.90 Dec/18
China 3.82 Sep/18
South Korea 3.80 Dec/18
India 3.52 Dec/17
Netherlands 3.50 Nov/18
Germany 3.30 Nov/18
Mexico 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


Related

Latest