Real wages up, unemployment down

THE STATISTICS Bureau reported that the average nominal monthly wage was Sk18,212 in the third quarter of this year, which is up 7.7 percent year-on year in nominal and 2.7 percent in real terms.

Meanwhile, the jobless rate in Slovakia, calculated from the total number of unemployed, dropped to an eight-year low in the third quarter 12.8 percent, dipping by 73,400 people year-on-year to 341,600.

According to the Statistics Bureau, this was 2.8 percent lower year-on-year, and the lowest level since the fourth quarter of 1998.

The favorable developments on the labor market were due to growth in employment. On average, 2.321 million people were working in Slovakia in the third quarter of 2006. Of this figure, two million were employees, 217,000 were self-employed, and 68,000 were businesspeople with employees.

Top stories

The public's interest in vaccination started dropping after a short increase in the first half of November.

Lockdown decreases interest in vaccination

Interest in the first shot was on the rise in the past weeks.


19 h
Miroslava Sotáková

The great thing about Slovakia is the lack of crowds, says Slovak living in New York

Miroslava Sotáková works for Google and is bringing up three kids in New York.


4 h

Which are the largest law firms in Slovakia?

Several new partial categories were added.


29. nov
Illustrative stock photo

Super-deduction on R&D can help companies in crises

The funds saved through the tool can be used for further investments or stabilising the situation.


5 h
Skryť Close ad