Unemployment falls to 14.85 percent

Unemployment in Slovakia fell under 15 percent in May 2003 for the first time in more than four years.

Statistics from the National Labour Office showed that 14.85 percent of Slovaks were unemployed in May.

Labour Minister Ľudovít Kaník said he was happy with the lower rate, attributing the drop to an improving economic environment and changes in the social sphere.

"Unemployment under 15 percent is not only a remarkable record but also shows that we are winning the ongoing fight to decrease unemployment in the country," Kaník's spokesman Martina Danko said.

Compiled by Martina Pisárová from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.


Get daily Slovak news directly to your inbox

Top stories

Ján Sýkora is an easy-going ice-hockey player who has got a great sense of humour.

Fashion brands mean nothing to me. Professional hockey player about his life in central Slovakia

In an entertaining interview, the down-to-earth ice hockey player, Ján Sýkora, talks about being a busy bee with a poor memory.

21. jan

Old-age pension scheme gains three new features

Brand new parental bonus raises concerns.

19 h
Štefan Holý

Deputy PM Holý lied about his exception when travelling to Britain

Corruption demonstrated by a scientist who was barred from travelling.

24 h