Slovakia’s unemployment rate slips down to 8.04 percent

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Slovakia’s unemployment rate slips down to 8.04 percent

21. 04. 2017 13:20

The unemployment rate in Slovakia stood at 8.04 percent in March, down by 0.35 percentage points month-on-month and by 1.85 percentage points year-on-year, Labour, Social Affairs and the Family Centre (UPSVaR) general director Marián Valentovič reported at a press conference in Bratislava on Thursday. The number of jobseekers immediately able to start work was 219,149 in March; a decrease of 9,516 individuals month-on-month and of 49,410 (18.4 percent) year-on-year, said Valentovič. In terms of individual regions, the unemployment rate fell in all the Slovak regions in March, with the Banská Bystrica region seeing the most significant drop. Labour, Social Affairs and the Family Minister Jan Richter (Smer-SD) sees several projects implemented to boost employment as being behind the unemployment drop. "The projects are having a positive impact on the labour market. A project concerning 12 disadvantaged districts amounting to €5 million was launched last month. We are not interested only in reducing unemployed figures in labour offices' registers, but also in creating new jobs in districts themselves. The development is positive," stated Richter.

Gavin Shoebridge, Photo: TASR

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