Unemployment rate in Q1 down to 14.1 percent

SLOVAKIA’S unemployment rate dropped in the first quarter of this year by 0.4 percentage points from a year ago to 14.1 percent. The Slovak Statistics Office (ŠÚ) informed about the results based on labour force surveys.

SLOVAKIA’S unemployment rate dropped in the first quarter of this year by 0.4 percentage points from a year ago to 14.1 percent. The Slovak Statistics Office (ŠÚ) informed about the results based on labour force surveys.

The unemployment rate in the first quarter dropped year-on-year for the second quarter in a row. Compared with the Q1 2013, the rate fell by 3.2 percent to 382,900 people. The unemployment rate of women shrank by 1.1 points to 13.9 percent, while it went up for men 0.2 points to 14.3 percent, the SITA newswire reported, quoting the ŠÚ.

The number of people unemployed for over a year continued to grow. Compared to Q1 2013, it rose by 8,400 to 263,600. Their portion of the overall unemployment rate went up by 4.3 percentage points to 68.8 percent. The highest number of unemployed was in Prešov Region and Banská Bystrica Region. The rate declined the most in Košice Region, by 16.8 points, and Trenčín Region, by 6.4 points. The number of jobless people went up the most in Bratislava Region, by 6.9 points.

With regard to economic activity of the last employer of the unemployed, the highest number of jobless people was seen in the group of those who have either never worked before (22.4 percent) or who last worked in industry (21.7 percent). The number of unemployed fell the most in the group which last worked in financial and insurance services, by 44.7 percent. The highest increase was in transport and storage, by 29.6 percent.

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