Youth Unemployment Rate in Slovakia decreased to 19.40 percent in August from 19.80 percent in July of 2020.

Youth Unemployment Rate in Slovakia averaged 28.36 percent from 1998 until 2020, reaching an all time high of 39.90 percent in April of 2001 and a record low of 13.10 percent in November of 2018. This page provides the latest reported value for - Slovakia Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Youth Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Youth Unemployment Rate in Slovakia is expected to be 19.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Slovakia to stand at 18.50 in 12 months time. In the long-term, the Slovakia Youth Unemployment Rate is projected to trend around 17.90 percent in 2021 and 16.60 percent in 2022, according to our econometric models.

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Slovakia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.40 19.80 39.90 13.10 1998 - 2020 percent Monthly
SA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.60 19.79 4.88 percent [+]
Employed Persons 2504.50 2552.30 2591.20 2083.50 Thousand [+]
Unemployed Persons 203649.00 198256.00 533676.00 134124.00 [+]
Labor Force Participation Rate 93.40 94.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 19.40 19.80 39.90 13.10 percent [+]
Productivity 113.90 106.20 113.90 45.00 points [+]
Labour Costs 130.90 134.80 134.80 47.30 points [+]
Wages 1121.00 1157.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1103.00 1132.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 580.00 580.00 580.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.67 62.50 62.67 62.00 [+]
Retirement Age Men 62.67 62.50 62.67 62.00 [+]
Wage Growth 3.00 3.30 14.70 -33.10 percent [+]
Part Time Employment 118.30 111.70 148.90 35.10 Thousand [+]
Employment Change -1.10 -0.80 1.90 -1.40 percent [+]
Employment Rate 66.80 68.00 68.60 56.10 percent [+]
Full Time Employment 2292.00 2341.90 2446.40 1877.10 Thousand [+]