UPSVaR: Unemployment Rate Dropped to 9.45 percent in May

(stock photo by TASR)

Bratislava, June 20 (TASR) – The unemployment rate in Slovakia stood at 9.45 percent in May, representing a decrease of 0.19 percentage points (p.p.) month-on-month and a drop of 2.03 p.p. year-on-year, Labour, Social Affairs and the Family Minister Jan Richter and Labour, Social Affairs and the Family Centre (UPSVaR) general director Marian Valentovic announced at a press conference on Monday.

According to Valentovic, the number of jobseekers immediately able to take up a job was 256,742 in May, a decrease of 5,172 m-o-m and of 52,781 y-o-y.

The unemployment rate calculated from the total number of jobseekers reached 11.13 percent in May, down by 0.27 p.p. m-o-m and by 1.93 p.p. y-o-y.

The total number of jobseekers stood at 302,264, a drop of 7,319 m-o-m and of 49,878 y-o-y.

Meanwhile, unemployment declined in all regions, with the most significant fall recorded in Banska Bystrica region. The highest unemployment rate was recorded in Presov region (14.31 percent).

Of all the country’s 79 districts, the unemployment rate went down in 67, rose in ten and remained the same in two. The highest rate was recorded in Rimavska Sobota in Banska Bystrica region (25.87 percent), while the lowest was in Galanta in Trnava region (3.76 percent).