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Unemployment rate at 11.55 percent in June

THE SLOVAK registered unemployment rate in June 2015 stood at 11.55 percent, rising by 0.07 percentage point (P.P.) month-on-month. However, it declined year-on-year by 1.23 p.p.

Labour Office, illustrative stock photo(Source: Sme)

The number of people immediately available to start working in the sixth month of this year was 311,423, the general manager of the Centre of Labour, Social Affairs and Family (ÚPSVaR), Marián Valentovič, told the TASR newswire.

“Month-on-month, compared to May 2015, the number of jobseekers rose by 1,898; while y-o-y, it declined by 33,590, meaning 9.74 percent less,” Valentovič explained.

The registered unemployment rate calculated from the total number of jobseekers in June was 13.12 percent – rising 0.06 p.p. against May, while falling by 1.14 p. p. y-o-y, he specified.

The total number of jobseekers who reported their unemployment to the labour offices this June was 353,844 – up 1,702 m-o-m and down by 30,981, or 8.05 percent y-o-y.  

M-o-m decline in the registered unemployment rate was found in four Slovak regions, while four recorded an increase.

“The month of June is specific,” Labour Minister Ján Richter commented, adding that in June 2015, in total 10,470 college and university graduates registered with labour offices, while last year, this number was 11,229. The Minister added that of this number, only 2,043 are still unemployed; and even out of them maybe every single one worked at least once during this past year, according to Richter. However, the age category 25 to 29 years is vulnerable, he summed up. 

Topic: Economics

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