Structural Unemployment Rate reached 11.6 % in 2016 in Slovakia. This is 6.99 % less than in the previous year.
Historically, Structural Unemployment Rate in Slovakia reached an all time high of 19.3 % in 2001 and an all time low of 9.52 % in 2008. When compared to Slovakia's main peers, Structural Unemployment Rate in Austria amounted to 5.66 %, 5.53 % in Czech Republic, 6.19 % in Hungary and 7.41 % in Poland in 2016.
Slovakia has been ranked 5th within the group of 38 countries we follow in terms of Structural Unemployment Rate, 3 places behind the position seen 10 years ago.
Structural unemployment is a form of unemployment resulting from a mismatch between demand in the labour market and the skills and locations of the workers seeking employment.