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BUSINESS SHORTS

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 from the same period in 2005.

Meanwhile, the jobless rate in Slovakia, calculated from the total number of unemployed, dropped to an eight-year low in the third quarter of 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 favourable developments on the labour 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

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)