Weak labor market pushed average wage to €1,620 in 2025
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Real wage growth slowed to 2.2% last year from 3.7% the year before, while nominal wages rose 6.3%, the slowest pace since 2020, ŠÚ reported. The average wage reached €1,620. (teraz.sk)
Unemployment rose to 5.4% last year from 5.3% in 2024, ŠÚ said. In 4Q, it reached 5.6%, the highest since late 2023. Employment fell 0.4% for the full year after a 0.8% decline in the last quarter. (sme.sk)
The minimum wage will rise to €972 next year from the current €915, as the law sets it at 60% of last year’s average wage. Pay for night and weekend work is tied to the minimum wage. (ta3.com)
Analysts expect wage growth to slow further this year due to fiscal consolidation and a public‑sector wage freeze.
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