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Optimistic trend in employment recorded in May

Ljubljana, 27 May - The Employment Service has recorded a significant drop in the number of persons who were registered as unemployed in May in comparison with April, saying that the trend inspires a certain degree of optimism regarding employment as the coronavirus epidemic is officially ending.

Between 1 and 26 May, a total of 7,089 persons were registered as jobless, which is less than half of the number for April (14,419).

Labelling the news as optimistic, the national employment agency said the fact that 5,384 people were struck out of the unemployment records in May, of whom 4,462 had found a job, was also encouraging.

"Also pointing to a renewed demand for workers is the fact that more than 2,100 jobs are now advertised on our website, while the figure was below 1,000 at the peak of the epidemic."

In March and April, a total of 22,267 were registered anew as unemployed, up 123% over the same period in 2019. Of that number, 8,057 were permanently redundant workers, up more than four times year on year.

Nevertheless, the unemployed whose fixed-term contracts expired remained the most numerous group of the jobless - 9,529 of them were registered in March and April, an annual rise of 76.5%.

In March and April, employers reported a total of 11,729 job vacancies to the Employment Service, a drop of 52% over the same period in 2019. A total of 8,406 unemployed persons meanwhile got a job, down 37.5% year on year.

© STA, 2020