Spectator on facebook

Spectator on facebook

Jobless rate in Slovakia still among the highest in OECD

Though the employment rate in Slovakia increased in August, the country is still has one of the highest unemployment rates in the Organisation for Economic Cooperation and Development (OECD), a club of industrialised economies, the SITA newswire reported.

Though the employment rate in Slovakia increased in August, the country is still has one of the highest unemployment rates in the Organisation for Economic Cooperation and Development (OECD), a club of industrialised economies, the SITA newswire reported.

The average unemployment rate in OECD members in August remained unchanged from July, when it reached 8.2 percent, or 44.3 million people overall with no work. Though the number is 2.3 million people lower than it was in August 2010, it is 10.4 million more than in August 2008.

The highest OECD unemployment rates were registered in Spain (21.2 percent), followed by Ireland (14.6 percent) and Slovakia (13.4 percent).

However, Slovakia is recording an increase in the employment rate in a majority of sectors, the Statistics Office of the Slovak Republic reported on its website. Compared to August 2010, the number of employed people in August 2011 grew in the IT and communications sector (up by 13 percent), some market services (up by 6.9 percent) and industry (up by 3.7 percent).

On the other hand, employment fell in construction (by 3.8 percent), accommodation services (by 0.3 percent) and wholesale (by 0.1 percent).

Source: SITA, Statistics Office website

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

Top stories

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia