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ŠÚ: Unemployment up by 3.1 percent y-o-y in 4Q12 to 14.4 percent

ŠÚ: Unemployment up by 3.1 percent y-o-y in 4Q12 to 14.4 percent

ŠÚ: Unemployment up by 3.1 percent y-o-y in 4Q12 to 14.4 percent

Unemployment in Slovakia grew in the final quarter of 2012 by 3.1 percent year-on-year to 14.4 percent, although the rate of growth decelerated when compared to the previous two quarters, the Slovak Statistics Office (ŠÚ) announced on Wednesday, March 6. In figures, the number of unemployed people went up by 11,900 to 390,400.

The unemployment rate increased by 0.4 percentage points year-on-year: by 0.6 percentage points in the case of women to 15 percent and by 0.2 percentage points in the case of men to 14 percent. In a quarter-on-quarter comparison and after seasonal influences are taken into account, the number of jobless Slovaks went up by 8,800 to reach 378,200 in the fourth quarter of 2012. The 35-49 age group were the most likely to be unemployed (117,900 or 30.2 percent of the total), the TASR newswire quoted the ŠÚ.

The number of unemployed people increased in most Slovak regions, from Trnava Region (up by 3.7 percent year-on-year) to Žilina (up by 9.3 percent). Unemployment went down by 12.5 percent in Trenčín Region, however, and by 2.2 percent in Košice Region. Košice and Prešov regions contributed most to Slovakia's overall unemployment figures, with their rates reaching 19.7 percent and 18.9 percent, respectively. For the whole of 2012, unemployment went up by 3.5 percent to 377,500 people or by 0.4 percentage points to 14 percent.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
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