Unemployment down again in November

Unemployment in Slovakia dropped slightly again month-on-month in November by 0.07% to end at 12.22%, according to the labour office statement today.

This means some 374,281 people are out of work in Slovakia, while most of them are immediately available to start work (328,345).

Yet with all the planned layoffs in the public sector, the overall unemployment figures can be expected to rise by about half a percent, but by 2Q 2011 it should have stabilised and starting falling again.

Leave a Reply

Your email address will not be published.