Employment Rate in Czech Republic decreased to 74.80 percent in the first quarter of 2020 from 75.30 percent in the fourth quarter of 2019.

Employment Rate in Czech Republic averaged 67.59 percent from 1998 until 2020, reaching an all time high of 75.40 percent in the fourth quarter of 2018 and a record low of 63.70 percent in the first quarter of 2004. This page provides - Czech Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Employment Rate - values, historical data and charts - was last updated on August of 2020.

Employment Rate in Czech Republic is expected to be 75.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Czech Republic to stand at 76.00 in 12 months time. In the long-term, the Czech Republic Employment Rate is projected to trend around 76.50 percent in 2021 and 76.85 percent in 2022, according to our econometric models.

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Czech Republic Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
74.80 75.30 75.40 63.70 1998 - 2020 percent Quarterly
NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 9.69 0.09 percent [+]
Unemployed Persons 278824.00 269637.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 8.20 7.90 21.80 4.90 percent [+]
Labour Costs 127.78 120.66 127.78 56.23 points [+]
Job Vacancies 334283.00 334904.00 351624.00 30803.00 [+]
Wages 34077.00 36144.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33123.00 35151.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 518.97 518.97 92.35 EUR/Month [+]
Population 10.68 10.63 10.68 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 60.30 60.50 61.00 58.10 percent [+]
Wage Growth 1.40 3.60 7.40 -3.10 percent [+]
Part Time Employment 313.40 319.50 332.80 190.80 Thousand [+]
Productivity 107.40 105.90 107.40 60.80 points [+]
Employed Persons 5212.59 5277.42 5326.33 4675.90 Thousand [+]
Employment Change 0.00 -0.30 1.60 -1.30 percent [+]
Employment Rate 74.80 75.30 75.40 63.70 percent [+]
Full Time Employment 4839.90 4833.90 4848.70 4306.10 Thousand [+]


Czech Republic Employment Rate
In Czech Republic, the employment rate measures the number of people who have a job as a percentage of the working age population.