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Slovak Republic Unemployment, youth total (% of total labor force ages 15-24) (national estimate)
What is Slovak Republic's unemployment, youth total (% of total labor force ages 15-24) (national estimate)? As of 2023, it's 19.9% of total labor force ages 15-24, down from 26.8% of total labor force ages 15-24 in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Unemployment, youth total (% of total labor force ages 15-24) (national estimate) |
|---|---|
| 2014 | 26.773% of total labor force ages 15-24 |
| 2015 | 26.522% of total labor force ages 15-24 |
| 2016 | 22.232% of total labor force ages 15-24 |
| 2017 | 18.929% of total labor force ages 15-24 |
| 2018 | 14.947% of total labor force ages 15-24 |
| 2019 | 16.108% of total labor force ages 15-24 |
| 2020 | 19.433% of total labor force ages 15-24 |
| 2021 | 21.202% of total labor force ages 15-24 |
| 2022 | 19.941% of total labor force ages 15-24 |
| 2023 | 19.898% of total labor force ages 15-24 |
Data Source: World Bank and Wantstats Repository
Slovak Republic Unemployment, youth total (% of total labor force ages 15-24) (national estimate): Key Points
- In 2023, Slovak Republic's unemployment, youth total (% of total labor force ages 15-24) stood at 19.90 % of total labor force ages 15-24 — down from 26.77 % of total labor force ages 15-24 in 2014, a fall of roughly 26%.
- 2015: barely budges, 26.52 % of total labor force ages 15-24.
- 2016-2018: collapses to 14.95 % of total labor force ages 15-24 (-44%).
- 2019-2021: surges to 21.20 % of total labor force ages 15-24 (+42%).
- 2022: falls to 19.94 % of total labor force ages 15-24 (-6%).
- 2023: Closes lower than it opened — 19.90 % of total labor force ages 15-24, a 25.7% loss over the period.
The Pandemic Jobs Shock, Explained
This chart doesn't support a simple narrative. It moves up, it moves down — pick any two years and you can tell almost any story you want. Look at the whole series, not a slice of it.
Unemployment jumps like this are rare outside of a global shock — and 2020 was exactly that: lockdowns froze hiring and cut jobs almost everywhere at once.
A move this size in one year — 2016, 16% — is large enough to ask whether it's a real-world event or a data/methodology break. Cross-check against a known event in that year before treating it as organic change.
This is Slovak Republic data, published by the source linked below. Indicator series like this are usually modeled/estimated between survey years, not measured fresh every year — trust the multi-year direction over any one data point.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.