Unemployment Policy in Slovakia

Abstract

Purpose and Originality: Goal of the study is analysis of the unemployment policy in Slovakia and policy measures to increase the employment rate.

Research question: What was the development of unemployment in the period from 2006 to September 2016 and what measures were taken by the Ministry of Labour, Social Affairs and Family to reduce the unemployment rate in Slovakia?

Method: Comparison of the unemployment rate in period between 2006 to 2016. Information was gathered from online sources and publications. Using the collected data, the individual unemployment rates in all Slovak regions and districts will be compared.

Results: During examined period between 2006 and 2016 the highest unemployment rate was 14.40% in 2010. The paper also mentions the economic crisis that struck Slovakia between 2008 and 2010. During this period, the unemployment in Slovakia increased by 4.8%. The primary objective of the government was to reduce the unemployment rate below 10%. This has been achieved in March 2016. The positive news is the tendency of constantly falling unemployment in our country.

Society: Unemployment is one of the negative phenomena in society. Job loss or inability to find a job application one is deprived of the possibility to implement and enforce own life goals. Unemployed, unless one can find a job, can enter the phase of adaptation to the lifestyle of the unemployed, which is characterized by resignation, loss of hope, passivity. A person ceases to be active, considering that his work does not make sense. Job loss affects negatively self-peception, lower self-esteem and leads to feelings of inferiority.

Limitations: The aim of the Slovak Republic was in 2016 to keep unemployment below 10% and then continue the trend of reducing unemployment by new laws, inviting new investors and put into practice various measures, such as various programs for the unemployed.