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BUSINESS BRIEFS

Jobs, and joblessness, decline

BOTH UNEMPLOYMENT and employment fell in the second quarter of 2002, with economists explaining the paradox by noting that the university student population was 10 per cent larger than in the second quarter of 2001.

Unemployment in the second quarter was down 60 basis points from 2Q01 to 18.6 per cent, while 486,000 people were without jobs, 4.6 per cent less than a year ago.

Meanwhile, the number of economically active people fell from 2Q01 to 2Q02 by 0.2 per cent to 2.114 million.

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