Job growth seen in industrial sector

THE INDUSTRIAL sector of Slovakia’s economy continues to revive and the improved economic conditions are beginning to be reflected in employment data released by the Statistics Office which suggest that Slovakia’s employment situation may have turned a corner.

THE INDUSTRIAL sector of Slovakia’s economy continues to revive and the improved economic conditions are beginning to be reflected in employment data released by the Statistics Office which suggest that Slovakia’s employment situation may have turned a corner.

After a period of continuous year-on-year decline, the employment level in the industrial sector rose 0.5 percent in September, the Statistics Office reported, adding that the number of employees in the transportation and warehousing sector also increased by 0.1 percent in comparison to the previous year.

But countering this good news were the data that the ICT sector had a 9.4-percent drop in employment compared to last year and employment also fell by 6.3 percent in sales and repairs of motor vehicles, by 4.1 percent in pubs and restaurants, by 3.9 percent in the accommodation sector and by 3.6 percent in the wholesale sector. The number of employees in construction in September was 2.6 percent lower than the same month last year and there was a job loss of 1.6 percent in retail sector employment.

SITA reported that industrial facilities employed the most people in the January-September period, an average of 476,500 and an average of 428,000 of those employees worked in industrial manufacturing.

The moderate improvement in the job market was also confirmed by personnel agencies and job portals, the Sme daily wrote.

“The revival of industry, which shows production numbers closer to the pre-crisis times, has been positively reflected on the labour market recently,” Ľubomír Koršňák, an analyst with UniCredit Bank, told the Sme daily.

Average wages in the industrial sector are rising along with the rising number of job offers. In September the average salary was just over €780 in comparison with the month earlier when the average salary was recorded at €766, Sme wrote, adding that a reason for the rising wages is a lack of craftsmen and technicians.

“The Slovak market demands more craftsmen and technicians than we have available,” the ProAct People personnel agency told Sme. “[This shortage] causes an increase in the price of their labour.”

Personnel agencies said the most sought-after professions are currently technicians, electricians, press operators, PLC programmers and equipment maintenance staff.


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