Employment and unemployment development in the Slovak Republic

The problem of a considerable decline in employment and associated abrupt i ncrease of unemployment is typical for the transformation process in the Ce ntral and Eastern Europe transitive economies. In the Slovak Republic in ad dition, the outlasting high rate of unemployment acquired a character of a central economic and political problem. It is because of its overall and ri gid absolute quantitative level, and also due to its substantial structural -and-allocation and regional disparities that categorically decreased and h ave further been decreasing the efficiency of implemented labour market pol icy toot, as well as the traditional income policy.