Q4 2018 Jobless Rate Lowest in Ten Years

By , 01 Mar 2019, 12:50 PM Business
Q4 2018 Jobless Rate Lowest in Ten Years иммиграция-в-канаду, public domain

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STA, 28 February 2019 - Slovenia's survey unemployment rate stood at 4.4% in the last quarter of 2018, which is the lowest rate since the last quarter of 2008, when it stood at 4.3%, the Statistics Office reported on Thursday.

Among the people aged between 15 and 29, the survey unemployment rate in the last quarter of 2018 was at 7.6%, or two percentage points lower year-on-year. The rate was the lowest in the 55-64 age group, at 3.8%.

The long-term unemployment rate dropped to 1.8% year-on-year, as the number of long-term unemployed persons was down by 35.6%, from 29,000 to 19,000.

In the last quarter of 2018, 45,000 persons were unemployed by ILO standards, which is 14,000 (24.3%) fewer year-on-year. The active population in Slovenia was up by 12,000 (1.2%) to 984,000.

The number of inactive persons was up by 4,000 or 0.6% to 729,000. More than half of them (394,000) were older than 65, while 7% or 47,000 of them were aged between 25 and 49.

More detailed data on this story can be found here, while our stories on employment in Slovenia are here

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