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Unemployment in the 3rd quarter of 2019

Unemployment in the 3rd quarter of 2019

Last update: 05.12.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Demographic and social statistics
Domain: Labour
Publish Date: 05.12.2019

Unemployment rate reached 5,9 %

 Compared with the 3rd quarter of 2018, a decrease of the unemployment was significantly reduced, its rate slowed down by 12,4 p.p. to 8 %. In the 3rd quarter of 2019, according to the LFSS 1), the total number of unemployed, decreased, year-on-year, by 14 thous. and reached 161,2 thous. persons. The unemployment rate decreased by 0,5 p.p. to 5,9 %, year-on-year.

 In men, unemployment reached 5,7 %, it dropped by 0,3 p.p., year-on-year. In women, it was at the level 6,1 %, it decreased by 0,7 p.p.  In the quarter-on-quarter comparison (3 rd quarter of 2019 compared with 2nd quarter of 2019), the seasonally adjusted unemployment decreased by 1,3 thous. (by 0,8 %) to 158,8 thous. persons.

Unemployment in the 3rd quarter of 2019

 In terms of age structure, the largest group of unemployed persons aged 35-49 represented 53 thous. persons with a share of 32,9 % of the total employment. A year-on-year decrease of the unemployed was recorded in the majority of age groups, of which the most significantly in the age group 25-34 (by 7,3 thous. persons). There was an unemployment rise in two age groups, namely the 15-24 and the 60+.

 The unemployed persons, who have never had a job, represented 29 % of the total unemployment, their share increased by 1,1 p.p., year-on-year. In terms of the economic activity of the last employer, the highest number persons was employed last in industry (20,4 %) and in trade (9,1 %).

 In the 3rd quarter of 2019, the highest unemployment was recorded in Prešovský kraj with 40,6 thous. unemployed. At the same time, the highest regional unemployment rate was recorded in this region (10,1 %). The number of the employed dropped, year-on-year, in the majority of regions, mostly (by 6,7 thous.) in Košický kraj. The lowest unemployment rate was reached in Bratislavský kraj (2,7 %) and in Trenčiansky kraj (2,8 %).

 In the 1st - 3rd quarter of 2019, unemployment decreased, year-on-year, by 13,6 % to 158,7 thous. persons. The unemployment rate dropped by 0,9 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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