Czech Republic Retirement Age - Men - Forecast

Retirement Age Men in Czech Republic is expected to be 63.33 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Retirement Age - Men is projected to trend around 63.67 in 2020, according to our econometric models.


Czech Republic Retirement Age - Men
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Czech Republic Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.5 3.9 4 4.2 3.9 5
Unemployed Persons 263608 263606 270380 268969 270441 280429
Long Term Unemployment Rate 0.9 0.89 0.97 1.07 1.18 2.18
Youth Unemployment Rate 7.5 8.99 9.16 7.52 6.32 7.23
Labour Costs 114 114 111 110 110 108
Job Vacancies 253522 256195 258166 250904 237291 208854
Wages 31646 32000 32000 33500 32000 38000
Wages in Manufacturing 31298 31000 30500 31500 32000 34500
Minimum Wages 478 478 478 478 510 550
Population 10.61 10.62 10.62 10.62 10.66 10.65
Retirement Age Women 62.67 62.67 62.67 62.67 63.17 63.67
Retirement Age Men 63.33 63.33 63.33 63.33 63.5 63.67
Labor Force Participation Rate 60.4 60.3 60.3 60.3 60.3 60.3
Living Wage Family 17900 18300 18300 18300 18039 18800
Living Wage Individual 12600 12600 12600 12600 12600 12600
Part Time Employment 320 318 316 314 311 285
Productivity 117 117 119 118 119 118
Wages High Skilled 34400 35400 35400 35400 35400 37000
Wage Growth 5.3 2.7 4.93 2.8 4.93 2.5
Wages Low Skilled 15200 15600 15600 15600 15600 16200
Employed Persons 5263 5260 5257 5254 5250 5217
Employment Change 0 0.15 0.76 0.25 0.67 0.46
Employment Rate 74.1 73.7 73.7 73.7 73.7 73.7
Full Time Employment 4809 4782 4782 4782 4782 4782