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Romanian wage growth slows sharply in April, signalling end of high-growth period
2 days ago
Unemployment in Slovakia (PDU) dropped by 0.01 percentage point month on month to 3.71% in April (chart), reaching the lowest level of unemployed persons on record since 1993 for the second consecutive month.
“The trend of decreasing unemployment continued, and we are doing everything to keep it that way,” commented Minister of Labour, Social Affairs and Family Erik Tomáš. The April unemployment level is also down by 0.11 pp year on year.
Peter Omandy, head of the Central Office of Labour, Social Affairs and Family, added that “in 2013, almost every fourth young person below 29 years was without work. In April of this year, it was every seventh.”
Overall, there were 161,337 persons registered with the Central Office, which is 693 fewer than in March, when the previous lowest level in the history of independent Slovakia was registered.
The PU level, indicating the share of job applicants in the productive age per population in the productive age, was 4.45% in April.
Capital Bratislava was the region with the lowest unemployment level (2.41%), while the Prešov region in the northeast of the country had the highest unemployment level (5.78%).
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