The Slovenia Times

Unemployment rate steady at 4.2% in second quarter

Economy

Ljubljana - Slovenia's unemployment rate in the second quarter was at 4.2%, down by 0.1 percentage point from the quarter before. The number of the unemployment thus remained unchanged compared to the second quarter of last year. Meanwhile, long-term unemployment subsided, while precarious work has gone up, shows the latest data from the Statistics Office.

Labour market conditions remain relatively stable in the second quarter with 987,000 people actively employed, up by 7,000 compared to the first quarter, and 8,000 (1%) more year-on-year.

Employment rate for the 20-64 age group stood at 81.3% for men, and 74.5% for women, up by 0.9 and 0.4 percentage points, respectively, compared to the previous quarter.

The total for the actively employed reached 78%, a 0.7 point increase compared to the quarter before, and 1.2 point rise compared to a year ago, the Statistics Office noted.

Trends for the actively employed remained unchanged. 82% had regular employment, 12% were self-employed, 3% had student jobs, 2% worked on a family farm or a family business, and 1% performed other forms of work.

The jobless total for the second quarter was at around 44,000. The unemployment rate for men stood at 3.9%, same as in the quarter before, and for women at 4.6%, down by 0.1 point.

The jobless total for men is thus up by 14% year-on-year, while it has decreased by 14% for women.

The report showed that around 26,000 (60%) of job seekers searched for a job for less than a year, a 12% increase compared to the quarter before.

Meanwhile, 18,000 job-seekers (40%) have been unemployed for over a year and qualify as long-term unemployed. This is a 16% drop compared to the same period in 2021. Gender-wise, long-term unemployment is the same for men and women, both at 9,000.

Based on the labour survey, 59,000 people (or 6% of the actively employed) did precarious work in the second quarter, up by 11% compared to the quarter before, and a 7% increase year-on-year.

Most of the actively employed worked at student jobs (43%), followed by self-employed entrepreneurs (26%), and those who get work via employment agencies (23%), while 8% were forced to take work on a part-time basis.

Share:

More from Economy