Labour market activity in Slovakia: Challenges and interventions

Remenyik, Bulcsú and Módosné Szalai, Szilvia and Jenei, Szonja and Vasantha, Lakshmi Patibandla and Dávid, Dienes and Elena, Moreno-García and Dávid, Lóránt Dénes (2024) Labour market activity in Slovakia: Challenges and interventions. JOURNAL OF INFRASTRUCTURE POLICY AND DEVELOPMENT, 8 (16). pp. 1-15. ISSN 2572-7923

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Abstract

In Central and Eastern European countries, the labour shortage is becoming increasingly pronounced, posing a challenge for the economy. Labour shortages limit the potential national income as many positions remain unfilled, which could lead to a slowdown in economic growth. To address this issue, various solutions need to be explored. This research aims to analyze solutions for alleviating labour shortages, with particular emphasis on measures that encourage workforce participation. One strategy is introducing training and retraining programs that help workers develop skills and adapt to labour market demands. Another option is to promote part-time employment, which may be especially attractive to groups unable or unwilling to work full-time. Enhancing population mobility could also be crucial in addressing labour shortages, particularly in bridging regional disparities. Integrating certain inactive groups, such as retirees, homemakers, students, people with disabilities, and those with low education levels experiencing generational poverty, into the labour market could also yield significant benefits. The study employs quantitative analysis methods and includes a survey that examines citizens’ perspectives on the effectiveness of measures aimed at increasing labour market participation and their economic impact on the Slovak economy. The survey data were collected in 2023 in the region of Rožňava and its surrounding areas.

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