Slovak unemployment 4.88 pc in May

The rate of registered unemployment in May stood at 4.88 percent, dropping by 0.02 percentage points month-on-month and 0.49 p.p. y-o-y, according to data published by the Labour, Social Affairs and the Family Centre (UPSVR) on Thursday. The number of jobseekers immediately able to start work stood at 134,124, dropping by 666 in monthly terms and 13,966 y-o-y. The rate of unemployment calculated from the total number of jobseekers reached 6 percent, falling by 0.05 p.p. m-o-m and 0.58 p.p. y-o-y.