The unemployment rate in Slovakia increased to 5.0 percent in June of 2019 from 4.9 percent in the previous month and above market expectations of 4.9 percent. The number of unemployed persons increased by 2,502 from the prior month to 136,626. A year ago, the jobless rate was higher at 5.4 percent. Unemployment Rate in Slovakia averaged 12.41 percent from 1994 until 2019, reaching an all time high of 19.79 percent in January of 2001 and a record low of 4.90 percent in April of 2019.

Unemployment Rate in Slovakia is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Slovakia to stand at 4.60 in 12 months time. In the long-term, the Slovakia Unemployment Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.

Slovakia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-23 08:40 AM Unemployment Rate Mar 5% 5.2% 5.08% 5.1%
2019-05-20 09:00 AM Unemployment Rate Apr 4.9% 5% 4.95% 4.9%
2019-06-20 08:40 AM Unemployment Rate May 4.9% 4.9% 4.87% 4.8%
2019-07-19 08:40 AM Unemployment Rate Jun 5% 4.9% 4.9% 4.8%
2019-08-20 08:40 AM Unemployment Rate Jul 5% 4.7%
2019-09-20 08:40 AM Unemployment Rate Aug 4.6%
2019-10-18 08:40 AM Unemployment Rate Sep 4.6%


Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.90 19.79 4.90 percent [+]
Employed Persons 2588.40 2589.30 2589.30 2083.50 Thousand [+]
Unemployed Persons 136626.00 134124.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.20 93.90 94.20 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.70 12.50 3.50 percent [+]
Youth Unemployment Rate 12.70 12.00 39.90 11.80 percent [+]
Labour Costs 120.50 121.40 121.40 46.90 Index Points [+]
Productivity 111.70 123.70 130.70 56.70 Index Points [+]
Wages 1264.00 1187.00 1319.00 349.00 EUR/Month [+]
Wages in Manufacturing 1254.00 1163.00 1305.00 341.00 EUR/Month [+]
Minimum Wages 520.00 480.00 520.00 69.43 EUR/Month [+]
Population 5.44 5.44 5.44 4.14 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
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 [+]
Part Time Employment 108.20 110.00 148.90 35.10 Thousand [+]
Wage Growth 4.60 3.50 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 0.30 0.40 1.90 -1.40 percent [+]
Employment Rate 68.60 68.20 68.60 56.10 percent [+]
Full Time Employment 2441.60 2446.40 2446.40 1877.10 Thousand [+]


Slovakia Unemployment Rate

In Slovakia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Slovakia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.90 19.79 4.90 1994 - 2019 percent Monthly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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