Slovak unemployment at 11.39%

The percentage of Slovakia’s working population that is now unemployed rose nearly 0.5 percent to 11.39 percent in May. The scary thing is this represents the lowest month-on-month rise in half a year. How bad is the crisis hitting Slovakia? Just 12 months ago, the unemployment rate was 7.44 percent.  The country’s finance minister Ján Počiatek says he expects the figure to peak at 13.4 percent next year.

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