Mixed unemployment message in Slovakia

Slovakia recorded its first decrease in unemployment in March, but experts warn it could still head up during the year. The thinking is that Slovak industry is now seeing a bit of an awakening, and correcting slightly for last year’s deep pessimism. The construction industry, however, is only now hitting bottom and could drive jobless numbers up still. March’s 12.88% unemployment was an improvement of 0.09% from February, but analysts believe that before bottoming out at the end of the year, the figures could hit 13%.


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