Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Slovak jobless rate at 16.7% in 3Q99

The Slovak Statistics Bureau reported that the total number of people with jobs in the Slovak Republic in the third quarter of 1999 was 2.1 million (down 3.3 % against the same time last year), while the number of unemployed was 430,300 (up 32.5% from the same period in 1998). The jobless rate was 16.7% in 3Q99, four percentage points higher than in 3Q98.

The most significant drops in employment occured in agriculture (-10.1%) and the construction industry (-8.1%). The health-care sector and public administration were the only sectors to report higher employment than a year ago, with increases of 6.5% and 1.5%, respectively.

Top stories

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.

Armed forces need new armour, and more

Slovakia's armed forces need to modernise their military technology, but also improve infrastructure and make soldiers' salaries more competitive.

Illustrative stock photo