Slovakia's unemployment rises over 10 percent year-on-year

Slovakia's unemployment rate increased by more than 10 percent compared to the same period last year, according to official data. The rise was particularly sharp during the most recent quarter, with the number of unemployed people growing by nearly as much in three months as it had during the entire previous year. The dramatic acceleration in unemployment growth signals potential economic challenges facing the Central European nation, which has traditionally maintained relatively stable employment levels within the European Union.