Unemployment Rate

The Unemployment Rate released by the Statistical Office of the Slovak Republic is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Slovakian economy. If the rate is up, it indicates a lack of expansion within the Slovakian labor market. As a result, a rise leads to weakening in the economy.

Most recent - Monday 20 January 2025 12:40

Previous
4.9%
Forecast
-
Actual
5%

Next event - Thursday 20 February 2025 09:00

Previous
5%
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Unemployment Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unemployment Rate was 5%.

Past events

Date
Forecast
Actual
Monday 20 January 2025 12:40
-
5%
Friday 20 December 2024 10:35
4.9%
4.9%
Wednesday 20 November 2024 08:59
5%
4.9%
Friday 18 October 2024 12:15
-
5%
Friday 20 September 2024 12:05
5.1%
5%
Tuesday 20 August 2024 12:05
5%
5.1%
Friday 19 July 2024 12:00
5%
5%
Thursday 20 June 2024 09:00
5%
4.9%
Monday 20 May 2024 09:00
5.1%
5.1%
Friday 19 April 2024 13:00
5.1%
5.1%
Wednesday 20 March 2024 11:30
5.1%
5.1%
Tuesday 20 February 2024 13:20
5.1%
5.2%
Saturday 20 January 2024 13:30
5.05%
5.1%
Thursday 21 December 2023 09:00
5.1%
5%
Monday 20 November 2023 09:00
5.2%
5.1%
Friday 20 October 2023 09:00
-
5.2%
Wednesday 20 September 2023 09:00
5.2%
5.2%
Friday 18 August 2023 09:00
5.1%
5.2%
Thursday 20 July 2023 09:00
5.07%
5.1%
Tuesday 20 June 2023 08:20
-
5.1%
Friday 19 May 2023 10:00
5.57%
5.3%
Wednesday 19 April 2023 08:20
5.7%
5.6%
Monday 20 March 2023 09:00
5.83%
5.8%
Thursday 23 February 2023 09:00
-
5.82%
Friday 20 January 2023 09:00
-
5.9%
Tuesday 20 December 2022 09:00
-
5.8%
Sunday 20 November 2022 09:00
6.1%
5.9%
Thursday 20 October 2022 10:40
6.1%
6.1%
Wednesday 21 September 2022 09:00
6.18%
6.1%
Thursday 18 August 2022 09:00
-
6.2%
Wednesday 20 July 2022 10:50
6.3%
6.3%
Monday 20 June 2022 09:00
-
6.4%
Thursday 19 May 2022 09:00
6.6%
6.5%
Wednesday 20 April 2022 09:00
6.8%
6.7%
Friday 18 March 2022 09:00
6.98%
6.9%
Friday 18 February 2022 13:15
6.9%
7%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

PreviousLatest
Producer Price Index (MoM)Bearish change1.7%0.4%
Producer Price Index (YoY)Bullish change-1.2%0%
HCOB Composite PMI(no change)50.250.2
HCOB Composite PMIBullish change50.150.5
HCOB Services PMI(no change)52.552.5
HCOB Services PMIBearish change57.354.9
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.5%-1%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2.4%2.5%
Consumer Price Index (EU Norm) (YoY)Bullish change1.4%1.7%
Consumer Price Index (YoY)Bullish change1.3%1.5%
HCOB Manufacturing PMIBullish change44.145
HCOB Manufacturing PMIBullish change46.246.3
HCOB Manufacturing PMIBearish change53.350.9
Consumer Price Index (MoM)Bearish change0.5%-0.2%
Consumer Price Index (YoY)Bearish change2.6%2.3%
Harmonized Index of Consumer Prices (MoM)Bearish change0.7%-0.2%
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Unemployment ChangeBearish change10K11K
Unemployment Rate s.a.Bearish change6.1%6.2%
Consumer Price Index (EU norm) (YoY)(no change)1.8%1.8%
Retail Sales (MoM)Bearish change-0.1%-1.6%
Retail Sales (YoY)Bearish change2.9%1.8%
Business ClimateBearish change-0.91-0.94
Consumer Confidence(no change)-14.2-14.2
Economic Sentiment IndicatorBullish change93.795.2
Gross Domestic Product s.a. (QoQ)Bearish change0.4%0%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Unemployment RateBearish change6.2%6.3%
Gross Domestic Product (QoQ)Bearish change0.1%-0.2%
Gross Domestic Product (YoY)Bullish change-0.3%-0.2%
Gross Domestic Product w.d.a (YoY)Bearish change0.1%-0.4%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)Bullish change0.4%0.5%
Harmonized Index of Consumer Prices (YoY)Bullish change2.8%2.9%
Gross Domestic Product (QoQ)Bearish change0.4%-0.1%
Gross Domestic Product - Estimated (QoQ)(no change)0.8%0.8%
GfK Consumer Confidence SurveyBearish change-21.4-22.4
IFO – Business ClimateBullish change84.785.1
IFO – Current AssessmentBullish change85.186.1
IFO – ExpectationsBearish change84.484.2
HCOB Composite PMIBullish change49.650.2
HCOB Manufacturing PMIBullish change45.146.1
HCOB Services PMIBearish change51.651.4
HCOB Composite PMIBullish change4850.1
HCOB Manufacturing PMIBullish change42.544.1
HCOB Services PMIBullish change51.252.5
HCOB Composite PMIBullish change47.548.3
HCOB Manufacturing PMIBullish change41.945.3
HCOB Services PMIBearish change49.348.9
Consumer ConfidenceBullish change-14.5-14.2

About Unemployment Rate

Country:Slovakia
Currency:EUR
Source:
Category:Labor Market
Frequency:Monthly
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