Youth Unemployment Rate in Slovakia increased to 20.70 percent in April from 16.10 percent in March of 2020.

Youth Unemployment Rate in Slovakia averaged 28.49 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 July of 2020.

Youth Unemployment Rate in Slovakia is expected to be 20.70 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 19.80 in 12 months time. In the long-term, the Slovakia Youth Unemployment Rate is projected to trend around 19.80 percent in 2021 and 18.50 percent in 2022, according to our econometric models.

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Slovakia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.70 16.10 39.90 13.10 1998 - 2020 percent Monthly
SA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.20 6.60 19.79 4.88 percent [+]
Employed Persons 2552.30 2591.20 2591.20 2083.50 Thousand [+]
Unemployed Persons 198256.00 180756.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.00 94.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 20.70 16.10 39.90 13.10 percent [+]
Productivity 106.20 107.70 107.70 45.00 points [+]
Labour Costs 134.80 129.80 134.80 47.30 points [+]
Wages 1083.00 1156.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1060.00 1117.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 520.00 520.00 520.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
Wage Growth 3.30 3.90 14.70 -33.10 percent [+]
Part Time Employment 111.70 120.10 148.90 35.10 Thousand [+]
Employment Change -0.50 -0.10 1.90 -1.40 percent [+]
Employment Rate 68.00 68.50 68.60 56.10 percent [+]
Full Time Employment 2341.90 2428.50 2446.40 1877.10 Thousand [+]