Unemployment Rate
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Nov 20, 09:30 |
|
Unemployment Rate |
|
5.0% | 4.93% | 4.9% |
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.
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