Open AccessLONG-TERM UNEMPLOYMENT OF THE RISK GROUPS IN THE SLOVAK LABOUR MARKET
Author(s) -
Veronika Ladňáková,
Martina Špániková
Publication year - 2020
Publication title -
proceedings of cbu in social sciences ...
Language(s) - English
Resource type - Journals
eISSN - 2695-0723
pISSN - 2695-0715
DOI - 10.12955/pss.v1.59
Subject(s) - unemployment , slovak , term (time) , economics , european commission , unemployment rate , labour economics , demographic economics , european union , economic policy , economic growth , czech , linguistics , philosophy , physics , quantum mechanics
Long-term unemployment is a persistent problem for Slovakia. Despite the number of long-term unemployed people in Slovakia has decreased significantly in recent years, it still presents a high proportion of the total unemployment rate. According to the European Commission Report about Slovakia in 2019, while the long-term unemployment rate fell to 4% on a year-on-year basis, it is still well above the EU average of 2.9%. Although growth is expected in the upcoming years, spending on active labour market policies in Slovakia has been one of the lowest in the EU. The study aims at investigating the current situation of long-term unemployment among risk groups in the labour market in Slovakia and labour market measures taken to curb it. It also examines the consequences of unemployment on the family and to seek solutions for the long-term unemployment in Slovakia. The data has been analyzed by a statistical method and proposes solutions to reduce long-term unemployment in the northern part of Slovakia