Employment Rate in Slovakia remained unchanged at 68.50 percent in the fourth quarter of 2019 from 68.50 percent in the third quarter of 2019.

Employment Rate in Slovakia averaged 60.56 percent from 1998 until 2019, reaching an all time high of 68.60 percent in the first quarter of 2019 and a record low of 56.10 percent in the first quarter of 2004. This page provides - Slovakia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Employment Rate - values, historical data and charts - was last updated on June of 2020.

Employment Rate in Slovakia is expected to be 67.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Slovakia to stand at 67.41 in 12 months time. In the long-term, the Slovakia Employment Rate is projected to trend around 67.59 percent in 2021 and 67.68 percent in 2022, according to our econometric models.

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Slovakia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
68.50 68.50 68.60 56.10 1998 - 2019 percent Quarterly
NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.60 5.20 19.79 4.88 percent [+]
Employed Persons 2552.30 2591.20 2591.20 2083.50 Thousand [+]
Unemployed Persons 180756.00 142993.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.00 94.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.30 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 20.70 16.10 39.90 13.10 percent [+]
Productivity 106.20 107.70 107.70 45.00 points [+]
Labour Costs 134.80 129.80 134.80 47.30 points [+]
Wages 1156.00 1136.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1117.00 1110.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 520.00 520.00 520.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
Part Time Employment 120.10 118.50 148.90 35.10 Thousand [+]
Living Wage Family 640.00 635.00 640.00 635.00 EUR/Month [+]
Living Wage Individual 450.00 445.00 450.00 445.00 EUR/Month [+]
Wage Growth 3.30 3.90 14.70 -33.10 percent [+]
Wages Low Skilled 678.00 542.00 678.00 518.00 EUR/Month [+]
Wages High Skilled 1250.00 945.00 1250.00 884.00 EUR/Month [+]
Employment Change 0.10 0.20 1.90 -1.40 percent [+]
Employment Rate 68.50 68.50 68.60 56.10 percent [+]
Full Time Employment 2428.50 2427.20 2446.40 1877.10 Thousand [+]


Slovakia Employment Rate
In Slovakia, the employment rate measures the number of people who have a job as a percentage of the working age population.