Slovak labour market could gradually loosen up in 2019, say analysts

Analysts say the shortage of labour in Slovakia should be among the main topics again in 2019. An expected slowdown in economic growth will gradually mitigate employers' demand for labour, said the analysts. "The labour market will loosen up, especially in the east and south of central Slovakia, while mild (temporary) growth in unemployment can't be excluded in 2020," said analyst from UniCredit Bank Czech Republic and Slovakia Lubomir Korsnak, adding that the west of the country will still experience a lack of available labour, which, according to him, employers will resolve partly by importing labour from abroad.