The unemployment rate in Slovakia edged down to 7.4 percent in August of 2021 from 7.6 percent in the corresponding month of the previous year, and below market expectations of 7.5 percent. It was the lowest jobless rate since October of 2020. The number of unemployed persons declined by 8.83 thousand from a year earlier to 199.53 thousand. source: Ministry of Labour, Social Affairs and Family of the Slovak Republic
Unemployment Rate in Slovakia averaged 11.91 percent from 1994 until 2021, reaching an all time high of 19.79 percent in January of 2001 and a record low of 4.88 percent in May of 2019. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Unemployment Rate in Slovakia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Unemployment Rate is projected to trend around 6.50 percent in 2022 and 5.70 percent in 2023, according to our econometric models.