Slovakia goes easier on foreigners, but not easy enough

Current policies only partially solve problems, observer says.

Illustrative stock photoIllustrative stock photo(Source: TASR)

Slovakia’s labour market is still benefiting from the favourable economic situation and historic lows in the unemployment rate. The main problem now turns out to be a lack of qualified workers.

At the same time, the country is facing social cohesion and economic imbalance with the rise of robotised and automated production systems. A large segment of available jobs will only be those with low salaries and difficult working conditions. As a result, the share of employees on total incomes will drop, while the share of capital will increase, said Martin Kahanec, founder and scientific director of the Central European Labour Studies Institute.

“As a consequence, the imbalance and concentration of economic and political power in the hands of a small group of people will increase,” Kahanec told The Slovak Spectator. “On the contrary, a big part of society can face poverty and social exclusion.”

Unemployment rate keeps dropping

The registered unemployment rate in Slovakia dropped to 5.09 percent in November 2018, down by 0.14 percentage points compared with October. In annual terms, the jobless rate fell by 0.86 percentage points. In absolute numbers, the labour offices registered altogether 139,527 people ready to take a job immediately at the end of November.

Read also:Nitra to open integration centre for foreigners

The unemployment rate calculated from the total number of jobseekers amounted to 6.27 percent in November 2018, which represents 171,871 people. The number was 0.07 percentage points lower than the previous month and
0.92 percentage points less than the previous year, data from the Central Office of Labour, Social Affairs and Family (ÚPSVaR) suggest.

Moreover, labour offices registered 80,494 vacancies by the end of November, down by 2,273 in a monthly comparison. Most of them were reported in Bratislava Region (23,790), while the fewest were in Banská Bystrica Region (4,858).

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Theme: Foreigners in Slovakia


This article is also related to other trending topics: Career and HR

Top stories

Jobs, phone calls and banks. What to prepare for after Brexit

Mobile operators and airports do not expect changes.

Fico: I did not speak with Vadala on the phone

A legal team has been created to monitor the behaviour of journalists, Fico also said during his press conference.

Smer head Robert Fico.

Blog: Open those windows, please

It can bring about some real changes.

Supreme Court judge Štefan Harabin.