Slovakia unemployment rate
Slovakia unemployment rate: 5.1 (1.59%)
Last Update: December 31, 2023
Last Update: December 31, 2023
Slovakia unemployment rate closed down 5.1 as of December 31, 2023 from 5.02 from the previous month and 5.9 from last year.
Slovakia unemployment rate Analytics & Data
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Slovakia unemployment rate
| Date | Values |
|---|---|
| 2023-12-31 | 5.1 |
| 2023-11-30 | 5.02 |
| 2023-10-31 | 5.11 |
| 2023-09-30 | 5.21 |
| 2023-08-31 | 5.23 |
| 2023-07-31 | 5.22 |
| 2023-06-30 | 5.12 |
| 2023-05-31 | 5.1 |
| 2023-04-30 | 5.34 |
| 2023-03-31 | 5.6 |
| 2023-02-28 | 5.8 |
| 2023-01-31 | 5.82 |
| 2022-12-31 | 5.9 |
| 2022-11-30 | 5.83 |
| 2022-10-31 | 5.9 |
| 2022-09-30 | 6.1 |
| 2022-08-31 | 6.14 |
| 2022-07-31 | 6.23 |
| 2022-06-30 | 6.3 |
| 2022-05-31 | 6.4 |
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Slovakia unemployment rate Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| unemployment rate | sk.unemploymentrate | 5.1 | 5.3 | -4 | -20 | Down | Down | 5 | 2023-05-31 |
Slovakia unemployment rate Factors
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What is the Slovakia unemployment rate
Slovakia Unemployment Rate: Current and Historical Data, Trends, and AnalyticsIntroduction: The Slovakia unemployment rate is a vital economic indicator that reflects the percentage of the labor force without a job in Slovakia. It is an essential measure used to evaluate the health of the country's economy and its impact on the workforce. Understanding the unemployment rate and its trends can provide valuable insights into the economic conditions of Slovakia.
Current Unemployment Rate: As of the most recent available data, the current unemployment rate in Slovakia stands at __%. This figure represents the proportion of the active labor force currently unemployed.
Historical Data and Trends: By examining historical data, one can identify trends and patterns in the Slovakia unemployment rate. This information provides valuable insights into the long-term performance and fluctuations of the labor market. Charts and interactive graphs showcasing these historical trends can be accessed on this webpage.
Interpreting the Unemployment Rate: Interpreting the unemployment rate requires considering various factors. A low unemployment rate typically indicates a healthy economy, as it signifies a higher availability of job opportunities and a lower proportion of unemployed individuals. Conversely, a high unemployment rate suggests a weaker economy and limited job prospects.
However, it is essential to note that a low unemployment rate may not always indicate a robust economy. In some cases, it could be a result of discouraged workers who have ceased actively seeking employment or part-time workers who desire full-time jobs but are unable to find them. Therefore, it is crucial to analyze additional labor market indicators to gain a comprehensive understanding.
Exporting Historical Data for Further Analysis: On this webpage, users have the opportunity to export the historical unemployment rate data for free. This allows users to conduct their own in-depth analysis, examine correlations with other economic indicators, and create personalized charts and graphs for further insights.
Utilizing MacroVar: For more comprehensive analysis, users can leverage the advanced analytics and features of MacroVar. This tool provides signals, trends, and analysis on a wide range of economic indicators, including the Slovakia unemployment rate. MacroVar's in-depth insights can help identify emerging patterns, predict future trends, and guide decision-making in both financial and business sectors.
Conclusion: The Slovakia unemployment rate is a crucial economic indicator that reflects the percentage of the labor force without a job. By analyzing current and historical data, trends, and signals, users can gain a deep understanding of the labor market conditions in Slovakia. With access to free data exports and the advanced analytics of MacroVar, individuals and organizations can make informed decisions based on these insights.
Slovakia Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | sk.balanceoftrade | 334 | 543 | -38 | -170 | UP | UP | 29 | 2023-09-30 |
| bank lending rate | sk.banks.lendingrate | 5.35 | 5.26 | 2 | 88 | UP | UP | 94 | 2023-06-30 |
| banks balance sheet | sk.banks.bs | 122547 | 121950 | 0 | 5 | UP | UP | 18 | 2024-02-29 |
| business confidence | sk.bizconfidence | -6.3 | -9.3 | -32 | 0 | UP | Down | 70 | 2024-03-31 |
| capacity utilization | sk.caputilization | 80.1 | 81 | -1 | -2 | Down | Down | 49 | 2024-03-31 |
| car registrations | sk.carregistrations | 7754 | 7702 | 1 | -12 | UP | Down | 28 | 2024-03-31 |
| central bank balance sheet | sk.cb.assets | 60666 | 60454 | 0 | -3 | Down | Down | 27 | 2024-02-29 |
| consumer confidence | sk.consconfidence | -11 | -13.4 | -18 | -63 | UP | UP | 2 | 2024-03-31 |
| consumer price index cpi | sk.cpi | 231.9 | 231.6 | 0 | 2 | UP | UP | 20 | 2024-03-31 |
| core inflation rate | sk.coreinflationrate | 2.7 | 3.7 | -27 | -83 | Down | Down | 2 | 2024-03-31 |
| current account | sk.currentaccount | 88.2 | -14.8 | -696 | -202 | UP | UP | 22 | 2024-02-29 |
| current account to gdp | sk.currentaccountgdp | -1.6 | -7.3 | -78 | -68 | UP | UP | 0 | 2023-01-31 |
| exports | sk.exports | 9055 | 8476 | 7 | -0 | UP | Down | 22 | 2023-09-30 |
| external debt | sk.externaldebt | 117.86 | 118.44 | -0 | 6 | Down | UP | 0 | 2023-12-31 |
| fiscal expenditure | sk.fiscalexp | 6517.1 | 4199 | 55 | 6 | Down | UP | 28 | 2024-03-31 |
| foreign exchange reserves | sk.fxreserves | 11397 | 10949.9 | 4 | 19 | UP | UP | 57 | 2024-03-31 |
| gdp | sk.gdp | 115.46 | 118.58 | -3 | 28 | UP | UP | 0 | 2022-01-31 |
| Real GDP | sk.realgdp | 24.23 | 24.46 | -1 | 7 | UP | UP | 46 | 2023-12-31 |
| gdp growth | sk.gdpgrowth | 0.4 | 0.3 | 33 | -96 | UP | Down | 15 | 2023-09-30 |
| gdp growth annual | sk.gdpgrowthan | 1.3 | 1.1 | 18 | -28 | Down | Down | 57 | 2024-03-31 |
| gold reserves | sk.goldres | 31.69 | 31.7 | 0 | 0 | Down | Down | 61 | 2020-09-30 |
| government budget | sk.govbudget | -4.9 | -1.7 | 188 | 14 | Down | Down | 0 | 2023-01-31 |
| Government budget | sk.govbudgetvalue | -2181.5 | -1224.1 | 78 | 40 | UP | Down | 47 | 2024-03-31 |
| government debt | sk.govdebt | 66437 | 67514 | -2 | 26 | UP | UP | 39 | 2023-12-31 |
| government debt to gdp | sk.govdebtgdp | 56 | 57.7 | -3 | 29 | UP | UP | 0 | 2023-01-31 |
| government revenues | sk.govrev | 4335.6 | 2974.9 | 46 | -5 | Down | Down | 13 | 2024-03-31 |
| imports | sk.imports | 8722 | 7933 | 10 | -9 | Down | Down | 7 | 2023-09-30 |
| industrial production | sk.indproduction | 0 | 3.5 | -100 | -100 | Down | UP | 65 | 2024-02-29 |
| industrial production mom | sk.indproductionmm | 0.4 | -2.8 | -114 | -83 | UP | Down | 62 | 2024-02-29 |
| inflation cpi | sk.inflationcpi | 2.3 | 3.39 | -32 | -84 | Down | Down | 2 | 2024-03-31 |
| loans to private sector | sk.loanprivate | 24549 | 24436 | 0 | 0 | Down | UP | 4 | 2024-02-29 |
| long term unemployment rate | sk.ltunemploymentrate | 3.6 | 3.8 | -5 | 12 | Down | UP | 76 | 2024-03-31 |
| money supply m0 | sk.msm0 | 15.54 | 15.48 | 0 | 4 | UP | UP | 16 | 2022-05-31 |
| money supply m1 | sk.msm1 | 69.2 | 69.1 | 0 | -1 | UP | Down | 23 | 2024-02-29 |
| money supply m2 | sk.msm2 | 86.5 | 85.6 | 1 | 4 | UP | UP | 25 | 2024-02-29 |
| money supply m3 | sk.msm3 | 87.5 | 86.7 | 1 | 5 | UP | UP | 29 | 2024-02-29 |
| Producer Price Index | sk.producerprices | 114.5 | 117 | -2 | -29 | Down | Down | 2 | 2024-02-29 |
| PPI Index | sk.producerpricesch | -15.8 | -3.3 | 379 | -157 | Down | Down | 12 | 2024-02-29 |
| retail sales MoM | sk.retailsales | 0.9 | -1 | -190 | -250 | UP | UP | 23 | 2024-02-29 |
| retail sales | sk.retailsalesan | 5.3 | 1.9 | 179 | -312 | UP | UP | 13 | 2024-02-29 |
| unemployment rate | sk.unemploymentrate | 5.1 | 5.3 | -4 | -20 | Down | Down | 5 | 2023-05-31 |
| youth unemployment rate | sk.ytunemploymentrate | 18.8 | 19 | -1 | 3 | Down | UP | 48 | 2023-07-31 |
| Construction sector | sk.esi.constr | -5.1 | -6.4 | -20 | -72 | UP | UP | 16 | 2023-06-30 |
| Consumer sector | sk.esi.cons | -21.2 | -24.9 | -15 | -25 | UP | UP | 13 | 2023-06-30 |
| Manufacturing sector | sk.esi.man | -19 | -15.7 | 21 | 604 | Down | Down | 92 | 2023-06-30 |
| Retail sector | sk.esi.ret | 0.1 | 3.3 | -97 | -100 | Down | Down | 15 | 2023-06-30 |
| Services sector | sk.esi.serv | 8.7 | 7.7 | 13 | -31 | UP | Down | 77 | 2023-06-30 |
| ESI - Economic Composite | sk.esi.conf | 91.5 | 95.4 | -4 | 15 | Down | UP | 94 | 2022-02-28 |