Experimental statistics: Monthly unemployment rate, Slovenia, January 2010–February 2021

ILO monthly unemployment rate published for the first time under the experimental statistics

In February 2021, the ILO unemployment rate in Slovenia was 4.9%. Experimental estimates of monthly unemployment rates are from now on also available in the SiStat Database.

  • 31 March 2021 at 10:30
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  • Experimental statistics
The ILO monthly unemployment rate is a frequently used indicator for labour market monitoring in Europe, especially due to its high frequency of publication, because there are no comparable administrative sources at this (European) level. Until now, monthly estimates of ILO unemployment rate for Slovenia have been calculated and published by Eurostat. With the publication of the estimates for February 2021, the Statistical Office of the Republic of Slovenia publishes a time series of calculations of monthly unemployment rates from January 2010 onwards. 

In February 2021, there were 51,000 unemployed persons in Slovenia aged 15–74. Among them, 48% were men and 52% were women. The unemployment rate was 4.9%, 0.7 of a percentage point higher than in February 2020 and 0.2 of a percentage point lower than in January 2021.

Monthly estimates and data sources
The unemployment rate is the number of unemployed persons among all active persons or persons in the labour force (i.e. unemployed and employed persons together). With the first publication of these experimental statistics, we publish estimates of the ILO monthly unemployment rate and the number of unemployed persons. These data are also available disaggregated by sex and three age groups: 15–74 years, 15–24 years and 25–74 years. For the first time, we are also publishing seasonally adjusted data. 

Data from the internationally comparable Labour Force Survey (LFS) are used for estimating the monthly unemployment rate and the number of unemployed. The LFS is a quarterly survey, so we use supplementary data sources for monthly estimates, namely data on registered unemployed persons and monthly data on persons in employment from the statistical survey Persons in Employment (DAK). 

Example: For monthly estimates for February 2021, we use LFS data up to the fourth quarter of 2020 (i.e. the quarter before the quarter to which February 2021 belongs to), DAK data up to January 2021 (i.e. the month before February 2021) and monthly data from the register of unemployed persons for the situation on 28 February 2021.
From the eight estimated monthly time series, we calculate data for men, women, and their total, from which we then calculate unemployment rates. Original data, seasonally adjusted data and a trend-cycle component are available. 

Youth unemployment rate
The group of young persons aged 15–24 is an age group where we observe significant volatility. It is a consequence of both the situation on the labour market as well as of the low representation of young unemployed persons in the LFS data. Some estimates may therefore be less precise. Caution and extra attention are therefore needed in the use and interpretation of data on the unemployment rate of young people.
ILO monthly unemployment rate (15–74 years), Slovenia, January 2010–February 2021
ILO monthly unemployment rate (15–74 years), Slovenia, January 2010–February 2021
Source: SURS
METHODOLOGICAL NOTE
Monthly estimates are experimental statistics. They are calculated with a model, so they are less reliable and should be used carefully and with caution.
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