The labor participation rate among the total population aged between 15 and 64 in Slovak Republic saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 75.78 percent. Still, the labor participation rate reached its highest value in the observed period in 2022. The labor force participation rate refers to the share of the population aged 15 years and over who are economically active. Unemployed people actively searching for work are included, whereas the long-term unemployed (economically inactive) are not. It is calculated by dividing the total number of workers aged 15 and over by the total population aged 15 and over.
Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like Slovenia and Czech Republic.
Slovak Republic: Labor force participation rate from 2012 to 2022
The labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.
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World Bank. (October 24, 2024). Slovak Republic: Labor force participation rate from 2012 to 2022 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/
World Bank. "Slovak Republic: Labor force participation rate from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/
World Bank. (2024). Slovak Republic: Labor force participation rate from 2012 to 2022. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/
World Bank. "Slovak Republic: Labor Force Participation Rate from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/
World Bank, Slovak Republic: Labor force participation rate from 2012 to 2022 Statista, https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/ (last visited November 24, 2024)
Slovak Republic: Labor force participation rate from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/993703/labor-force-participation-rate-in-slovak-republic/
