THE INFLUENCE OF ECONOMIC RECESSION ON STRUCTURAL CHANGES OF EMPLOYMENT IN SLOVAKIA (Vplyv ekonomickej recesie na strukturne zmeny zamestnanosti na Slovensku)
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This early appraisal of employment changes during recession deals with the role of self-employment and with the role of education level. The decline of employment during recession is far from an equable process. In the early stage of recession in Slovakia, along with downturn of employee number, the role of self-employment grew rapidly. This process was contradictory to tendencies in majority of EU countries. The impact of recession on labour force was diverse: the number of lower-educated employed persons fell substantially in the same time the number of tertiary educated employed persons grew (in spite of sharp GDP decline). This tendency was similar to employment restructuring in most EU countries, however in Slovakia it was more obvious. Both these tendencies are signs of creative destruction, but they are accompanied with serious risks for Slovak society.
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