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Employment and average monthly wage in selected sectors of economy in September 2022
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Employment and average monthly wage in selected sectors of economy in September 2022

10.11.2022
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10.11.2022

Up to half of the sectors experienced a decrease in employment, higher real wages were only in accommodation

Employment dropped in only half of the monitored sectors, industry and wholesale were the most affected. In September 2022, the year-on-year growth of the nominal monthly wage was maintained in all 10 monitored sectors, but only employees in accommodation earned more in real terms.

In September 2022, according to data provided mainly by large enterprises, the number of employed persons1) rose in only five of the ten monitored sectors of the economy.

The number of persons employed in September 2022 rose significantly year-on-year in information and communication by 4.3%, more than two percent employment growth was also seen in transportation and storage and construction, and employment in two sectors - in retail trade and accommodation - rose by 0.6%. Besides industry where employment has been continuously decreasing year-on-year since March 2022, there was a decline also in wholesale, sale and repair of motor vehicles, food and beverage service activities and selected market ser

From the beginning of the year to the end of September 2022, employment increased year-on-year in 9 out of 10 monitored sectors, most significantly in accommodation by 9.1%, in food and beverage service activities by 6.2% and in information and communication activities by 5.0%. A slight decrease was manifested only in industry, by 0.7%.

Development of the average wage in the SR in September 2022

In September 2022, the average nominal monthly wage2) increased, year-on-year, in all 10  monitored sectors of the economy. Wages rose more significantly in accommodation (by 17.2% to EUR 1 023) and in construction (by 13% to EUR 945) increased more significantly. In industry, wages increased by 9.3% to EUR 1 357. In the sector with the weakest income, in food and beverage service activities, wage growth was the lowest, only by 1.8%.

High increase in consumer prices (inflation) caused a drop in real wages, in almost all sectors. The most significant, nearly 11%, decrease in real wages was recorded in food and beverage service activities, real wages dropped by 9.9% in information and communication. The real incomes of employees in sale and repair of motor vehicles, wholesale, retail, selected market services and transportation and storage also dropped by more than five percent. Real wages rose only in accommodation, i.e. by 2.6%.

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On average, for the nine months of 2022, the nominal monthly wage increased, year-on-year, by more than a fifth in accommodation (it reached EUR 928). Nominal wages also rose markedly in construction (by 11,1% to EUR 890) and in retail trade (by 10,9% to EUR 954). The lowest nominal wage growth was recorded by selected market services (by 4.9%  to EUR 1 224).

Due to high inflation from the beginning of 2022, the real wage increased only in accommodation (by 7.3%). Other monitored branches recorded a decrease, the real wage decreased the most in selected market services (by 6.3%), the least in construction (by 0.7%).

  • 1) employed persons are employees and entrepreneurs, data are preliminary and are obtained from monthly company surveys
  • 2) earnings are without business income, including earnings of employees at self-employed persons

Data source: DATAcube. database:

  • :

  • Lamačská cesta 3/C
  • 840 05 Bratislava 45


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