About Michal Palenik

Michal Palenik works for the Institut Zamestnanosti in Slovakia.

Youth Unemployment in Slovakia

Michal Palenik

The Slovak labour market is greatly affected by the current economic crisis. After three years of real GDP growth at 5 to 10%, in fixed prices from 2002 to 2008 (peaking at 10.5% at 2007), there was a decline of 4.8% in 2009, and an increase of 4% in 2010. This decline affected mostly employment; [...]