Economy

UPSVaR: Unemployment in Slovakia at 9.08 percent in October

Bratislava, November 21 (TASR) – The unemployment rate in Slovakia in October stood at 9.08 percent, down by 0.34 percentage points month-on-month and by 1.9 p.p. year-on-year, the Labour, Social Affairs and the Family Centre (UPSVaR) reported on Monday.

The number of jobseekers available for work in October reached almost 247,000, down by almost 50,000 on the year.

When people who weren’t able to take up jobs immediately were also included, the unemployment rate in October stood at 10.50 percent, down by 0.33 p.p. m-o-m and by 2.26 p.p. y-o-y.

The unemployment rates in all eight regions fell in October, most significantly in Trnava region – by 0.44 p.p. Meanwhile, Presov region had the highest jobless rate (14.18 percent), ahead of Banska Bystrica region (13.17 percent) and Kosice region (12.98 percent).

In terms of districts, unemployment dropped in 75, rose in three and remained flat in one district. Rimavska Sobota district (Banska Bystrica region) was the worst off on 25.26 percent, while Galanta district (Trnava region) was at the opposite end of the scale on 3.66 percent.

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