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Unemployment in the 4th quarter of 2019

Unemployment in the 4th quarter of 2019

Last update: 06.03.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Demographic and social statistics
Domain: Labour
Publish Date: 06.03.2020

Unemployment rate year-on-year decreased by 0,5 p.p. to 5,6 %.

A decrease of the unemployment continued in 2019, but its rate gradually slowed down in individual quarters. Compared with the 4th quarter of 2018, it moderated by 14,2 p.p. to 7,3 %. In absolute terms, in the 4th quarter of 2019 the number of unemployed by LFSS year-on-year decreased by 12,2 thous. to 154,9 thous. persons.  The unemployment rate year-on-year decreased by 0,5 p.p. to 5,6 %.

Unemployment of women decreased by 0,7 p.p. to 6 %, of men by 0,2 p.p. to 5,3 %.   In the quarter-on-quarter comparison (4th quarter of 2019 compared with 3rd quarter of 2019), the seasonally adjusted unemployment decreased by 6,9 thous. (by 4,4 %) to 151,7 thous. persons.

Unemployment rate - graph

In terms of age structure, the largest group of unemployed persons aged 35-49 represented 52,8 thous. persons with a share of 34,1 % of the total unemployment. Unemployment decreased in most age groups, at most in the age group 25-34 by 6,5 thous. persons and 55-59 by 5,8 thous. persons.

   The unemployed persons, who have never had a job, represented 26 % of the total unemployment, their share increased by 1,7 p.p., year-on-year. In terms of the economic activity of the last employer, the highest number of persons was employed last in industry (23,4 %), wholesale and retail trade (9,2 %) and in public administration (5,5 %).

   The highest unemployment was recorded in Prešovský kraj (43 thous.of persons), on the contrary the lowest number was recorded in Trenčiansky kraj (7,7 thous. persons). In the 4th quarter of 2019, the unemployment decreased in four regions, at most in Košický kraj (by 9,8 thous.). The difference between the highest (10,6 % in Prešovský kraj) and the lowest regional unemployment rate (2,3 % in Bratislavský kraj) was 8,3 p.p.

In 2019, unemployment year-on-year decreased by 12,1 % to 157,7 thous. persons. The unemployment rate dropped by 0,8 p.p. to 5,8 %.

Note: according to the Labour Force Sample Survey;
1) definition of unemployment is in accordance with the Commission Regulation (EC) No 1897/2000
p.p. percentage point
Source: SO SR, DATAcube [pr010qs]

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