BUSINESS IN SHORT

Employment and salaries increase

WHILE the unemployment rate in Slovakia remains considerably higher than the average across Europe, the Statistics Office recently released data indicating that employment in certain economic sectors is increasing.

WHILE the unemployment rate in Slovakia remains considerably higher than the average across Europe, the Statistics Office recently released data indicating that employment in certain economic sectors is increasing.

The number of employees in the IT and communications sector was 13 percent higher in August 2011 compared with August 2010, while employment in miscellaneous market services grew by 6.9 percent and industrial employment rose by 3.7 percent year-on-year.

But employment in the construction sector fell by 3.8 percent, the number of employees working in accommodation services dropped by 0.3 percent and total employment in the wholesale sector was down by 0.1 percent.

The average nominal salary in August 2011 was 6.6 percent higher than August 2010, the TASR newswire wrote. Nominal salaries of employees in the information and communications sector increased by 22.1 percent from August 2010 to August 2011, the Statistics Office reported. Nominal salaries also rose in the construction sector by 6.8 percent, in industry by 6.6 percent, in transport and warehousing by 3.9 percent and in miscellaneous market services by 3.2 percent.


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