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Saturday | February 27 | 2021

Slovakia: Decrease in employment and wages deepened in April

A decrease in employment and wages, which was reflected in March figures, deepened even more in most sectors in April, latest statistical figures show.

In April 2020 compared with April 2019, employment increased only in information and communication by 4,8 %.

It decreased in food and beverage service activities by 9,3 %, accommodation by 7,5 %, industry and construction equally by 6,1 %, retail trade and in selected market services equally by 4,8 %, wholesale by 3,9 %, sale and repair of motor vehicles by 2,5 % and in transportation and storage by 1,2 %.

In the first four months of 2020, compared with the corresponding period in 2019, employment rose, on average, in information and communication by 5,1 % and transportation and storage by 1 %.

It decreased in industry by 3,9 %, retail trade by 3,1 %, food and beverage service activities by 2,2 %, wholesale by 1,8 %, construction by 1,4 %, sale and repair of motor vehicles by 0,8 %, accommodation by 0,3 % and in selected market services by 0,1 %.

Average monthly wage increased only in retail trade and in wholesale

In April 2020 compared with April 2019, the average nominal monthly wage increased in selected market services by 1,8 % (reached EUR 999), retail trade by 1,6 % (EUR 759) and in wholesale by 0,8 % (EUR 1 014).

It significantly decreased in accommodation by 26,9 % (EUR 543), but a fall was recorded also in other activities:

  • food and beverage service activities by 9,8 % (EUR 460),
  • industry by 8,8 % (EUR 1 083),
  • transportation and storage by 5,5 % (EUR 956),
  • sale and repair of motor vehicles by 4,8 % (EUR 981),
  • information and communication by 2,9 % (EUR 1 994), 
  • construction by 1,4 % (EUR 722).

In April 2020, the average real monthly wage fell in all the surveyed sectors year-on-year, the most in accommodation by 28,4 %.

It decreased in food and beverage service activities by 11,7 %, industry by 10,7 %, transportation and storage by 7,4 %, sale and repair of motor vehicles by 6,8 %, information and communication by 4,9 %, construction by 3,4 %, wholesale by 1,3 %, retail trade by 0,5 % and in selected market services by 0,3 %.

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