Long Term Unemployment Rate in Czech Republic decreased to 0.70 percent in the second quarter of 2018 from 0.80 percent in the first quarter of 2018. Long Term Unemployment Rate in Czech Republic averaged 2.95 percent from 1998 until 2018, reaching an all time high of 4.50 percent in the first quarter of 2005 and a record low of 0.70 percent in the second quarter of 2018.

Long Term Unemployment Rate in Czech Republic is expected to be 0.66 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Czech Republic to stand at 0.72 in 12 months time. In the long-term, the Czech Republic Long Term Unemployment Rate is projected to trend around 0.62 percent in 2020, according to our econometric models.

Czech Republic Long Term Unemployment Rate
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Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.80 3.00 9.69 0.09 percent [+]
Unemployed Persons 215622.00 224331.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.80 4.50 0.70 percent [+]
Youth Unemployment Rate 6.30 6.30 21.80 5.00 percent [+]
Labour Costs 116.19 119.71 119.71 57.46 Index Points [+]
Job Vacancies 316884.00 316132.00 316884.00 30803.00 [+]
Wages 31851.00 30265.00 31851.00 6001.00 CZK/Month [+]
Wages in Manufacturing 32355.00 29920.00 32355.00 11827.00 CZK/Month [+]
Minimum Wages 468.87 477.78 477.78 92.35 EUR/Month [+]
Population 10.61 10.59 10.61 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 60.50 60.30 61.00 58.10 percent [+]
Living Wage Family 20500.00 20900.00 20900.00 17700.00 CZK/Month [+]
Living Wage Individual 15500.00 15700.00 15700.00 12600.00 CZK/Month [+]
Part Time Employment 323.50 320.20 323.50 190.80 Thousand [+]
Productivity 107.60 103.40 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 6.20 6.60 7.40 -3.10 percent [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Employed Persons 5257.26 5289.07 5289.07 4675.90 Thousand [+]
Employment Change 0.60 0.60 1.20 -1.20 percent [+]
Employment Rate 74.70 74.20 74.70 63.70 percent [+]
Full Time Employment 4817.50 4794.20 4817.50 4306.10 Thousand [+]


Czech Republic Long Term Unemployment Rate

In Czech Republic, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Czech Republic Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Long Term Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.80 4.50 0.70 1998 - 2018 percent Quarterly




Country Last
Spain 6.60 Jun/18
Italy 6.40 Jun/18
Euro Area 3.90 Jun/18
France 3.40 Sep/18
Turkey 2.30 Jun/18
Switzerland 1.80 Jun/18
Netherlands 1.60 Jun/18
Germany 1.40 Jun/18
United Kingdom 1.00 Jun/18
United States 0.84 Oct/18


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