Employment Rate in Slovakia increased to 67.80 percent in the fourth quarter of 2020 from 67.50 percent in the third quarter of 2020. source: EUROSTAT

Employment Rate in Slovakia averaged 60.87 percent from 1998 until 2020, 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 April of 2021.

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 2022 and 67.68 percent in 2023, according to our econometric models.

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Slovakia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
67.80 67.50 68.60 56.10 1998 - 2020 percent Quarterly
NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.00 7.90 19.79 4.88 percent [+]
Employed Persons 2538.90 2529.40 2591.20 2083.50 Thousand [+]
Unemployed Persons 218627.00 216495.00 533676.00 134124.00 [+]
Labor Force Participation Rate 93.00 92.80 94.40 79.40 percent [+]
Long Term Unemployment Rate 2.90 3.50 12.50 2.90 percent [+]
Youth Unemployment Rate 20.60 20.80 39.90 13.10 percent [+]
Productivity 115.30 111.50 115.30 45.00 points [+]
Labour Costs 135.20 117.40 135.20 47.30 points [+]
Wages 1136.00 1177.00 1494.00 349.00 EUR/Month [+]
Wages in Manufacturing 1106.00 1159.00 1481.00 341.00 EUR/Month [+]
Minimum Wages 623.00 580.00 623.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.67 62.50 62.67 62.00 [+]
Retirement Age Men 62.67 62.50 62.67 62.00 [+]
Wage Growth 5.80 2.70 14.70 -33.10 percent [+]
Part Time Employment 108.90 111.20 148.90 35.10 Thousand [+]
Employment Change 0.20 0.00 1.90 -1.80 percent [+]
Employment Rate 67.80 67.50 68.60 56.10 percent [+]
Full Time Employment 2390.40 2377.70 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.