Slovakia: Employment and Nominal Wages Growing

BusinessEconomy ♦ Published: October 12, 2012; 18:31 ♦ (Vindobona)

The highest wage increase was observed in the manufacturing and automotive industries. Employment was down in the construction sector and grew in the service sector.

Slovakia: Employment and Nominal Wages Growing / Picture: © Vindobona.org

In August, a year-on-year increase in employment was affected mostly by the following sectors: selected market services (an increase of 11 %), information and communication (6,9 %). In the rest of the surveyed sectors the number of employed persons continued to decrease. It decreased relatively most in sale and repair of motor vehicles by 5,1 % and in construction by…