Czech Republic Employed Persons  Forecast


Employed Persons in Czech Republic is expected to be 5211.50 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Czech Republic to stand at 5239.32 in 12 months time. In the long-term, the Czech Republic Employed Persons is projected to trend around 5285.65 Thousand in 2020, according to our econometric models.


Czech Republic Employed Persons
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Czech Republic Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4 4 3.9 3.9 3.9 5
Unemployed Persons 296826 289716 287706 291837 291155 299033
Long Term Unemployment Rate 1.3 1.12 0.98 1.02 0.91 0.83
Youth Unemployment Rate 8.5 8.41 8.12 8 7.89 7.69
Labour Costs 109 106 104 106 108 104
Job Vacancies 199279 205812 214306 211387 202539 106690
Wages 29346 27654 29064 27861 29140 28756
Wages in Manufacturing 29929 28136 29357 27989 29420 29075
Minimum Wages 407 408 368 416 422 400
Population 10.57 10.6 10.6 10.62 10.62 10.65
Retirement Age Women 61.8 61.73 61.73 61.87 61.91 62.03
Retirement Age Men 63.2 63.07 63.07 63.23 63.28 63.38
Employed Persons 5197 5212 5230 5220 5239 5286
Employment Change 0.4 0.31 0.55 0.46 0.36 0.43
Employment Rate 72.8 73.51 73.99 73.86 74.21 75.51
Full Time Employment 4746 4764 4784 4762 4769 4788
Part Time Employment 304 311 316 314 318 319
Wages Low Skilled 13400 13932 13933 13933 13933 13933
Wages High Skilled 34500 33241 33083 32946 32828 32257
Wage Growth 5.3 2 2.4 2.6 2.7 2.5
Productivity 110 123 113 101 110 112
Labor Force Participation Rate 59.9 60.15 60.18 59.99 60 60.13
Living Wage Family 17687 17669 17673 17671 17672 17672
Living Wage Individual 15835 15791 15808 15797 15804 15801