J64 - Unemployment: Models, Duration, Incidence, and Job SearchReturn

Relatively higher unemployment rate in compare with other European countries is a persisting problem of Slovak republic, and distribution of unemployment is significantly differentiated in space. This paper aims to research on selected aspects of regional differences in unemployment in Slovakia, such as gender, age and education level, and to link local unemployment rates to wage levels. Analysis is used as a key method, focusing on statistical data of 2015 registered unemployment from the Central Office of Labour, Social Affairs and Family. Among the key findings, our research confirms growing rates of unemployment on axis west-east in general, with higher internal differences in regions with higher rates. While gender differences are not significant, education shows as an important factor for labour market position, and we confirm high youth unemployment rate in some regions. In the last part of the paper, we relate local unemployment rates with wage levels to show the impact of unemployment on income level.

The paper deals with the issue of unemployment during the financial crisis. In addition to compare the number of unemployed people from the financial meltdown and its course, I also discussed the lack of jobs and employee morale. Important characteristic of human morality is willingness to work and loyalty. This is an important role in unemployment. Also the viability of enterprises depends on willingness to work and loyalty.