Unemployment represents a key indicator, which is timely as well as accurate. Consequently, unemployment plays a central role in the cyclical analysis and in the debate on the structure of economic policy. BIS Review 25/2004  1  However, the unemployment rate should not be readily interpreted as a reflection of the cyclical situation.
Many of them have been the employees of the National Bank of Slovakia. I would like to thank all of them for their efforts and persistency by which they significantly contributed to the fact than on January 1, 2009, Slovakia will become the 16th country of Eurozone.