Job vacancies and occupied posts, Slovenia, 2nd quarter 2020
In the second quarter of 2020 the job vacancy rate and the number of job vacancies were more than a third lower
In the second quarter of 2020, there were more than a third less job vacancies, which is 6,000 less than in the previous quarter. The number of occupied post also decreased by 30,000 and the job vacancy rate decreased the most so far.
Supply of job vacancies was one third lower than in the first quarter of 2020
In the Job Vacancy Survey, data are collected on the reference day in each quarter, which for the 2nd quarter is 29 May 2020. The collected data are representative for each quarter. The situation on labour market at that time was unstable due to the coronavirus crisis. Two thirds of the second quarter most companies were not allowed to carry out their activity or their production was reduced.
In the second quarter of 2020, the employers advertised slightly more than 11,100 job vacancies, which is 6,000 less than in the previous quarter. We did not record such a significant drop in the number of job vacancies even in the 4th quarter of 2008, when Slovenia officially fell into recession. At that quarter, the number of vacancies decreased by around 2,300 compared to the 3rd quarter of 2008.
An overview by activities shows that demand for new labour force decreased in all fields of activity except in mining.
The demand for new labour force decreased the most in manufacturing, where almost 1,700 fewer job vacancies were advertised than in the previous quarter.
The demand for new labour force dropped by more than half also in arts, entertainment and recreation activities, in other service activities and in accommodation and food service activities.
The number of occupied posts is almost 30,000 lower than in the previous quarter
In the second quarter of 2020 seasonally adjusted data show that in Slovenia almost 763,000 posts were occupied, almost 30,000 less than in the previous quarter.
Compare to the previous quarter the number of occupied posts decreased in all fields of activity. The largest decrease in the number of occupied posts was recorded in manufacturing (by 6,300), in accommodation and food service activities (by 4,400) and in construction (almost by 4,200).
A quarter-on-quarter comparison shows that in this quarter was the was the largest decrease since 2008 when this survey was conducted. A similar decrease in the number of occupied posts was recorded at the beginning of 2013, when the second wave of the recession in Slovenia was recorded. In the first quarter of 2013, the number of occupied posts decreased by almost 20,000 compared to the previous quarter.
Job vacancy rate is one third lower than in the previous quarter
In the second quarter of 2020, the job vacancy rate was 1.4%, which is seven tenths of a percentage point less as in the previous quarter. Compared to the same quarter of 2019 it decreased by 0.9 of a percentage point. In this quarter the job vacancy rate was the highest in accommodation and food service activities (2.4%) and in other service activities (also 2.4%).
Where is Slovenia ranked compared to other EU Member States?
Eurostat published the latest available data for the first quarter of 2020. Comparable data which includes all fields of activity (B to S) and all business entities with at least one employee is available for 23 Member States.
The job vacancy rate was the highest in the Czech (5.7%), followed by Belgium (3.2%). Among 23 countries Slovenia was ranked eighth with 2.2% job vacancy rate. At the bottom of the scale was Poland with the lowest job vacancy rate (0.6%). These data published by Eurostat are not seasonally adjusted.