Czech Republic Unemployed Persons  Forecast


Czech Republic Unemployed Persons
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Unemployed Persons in Czech Republic is expected to be 307970.23 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Czech Republic to stand at 301220.02 in 12 months time. In the long-term, the Czech Republic Unemployed Persons is projected to trend around 306266.85 in 2020, according to our econometric models.


Czech Republic Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.8 3.9 3.9 4 4.2 5
Unemployed Persons 280620 307970 296814 300312 301220 306267
Long Term Unemployment Rate 1.1 1.16 1.25 1.36 1.47 2.24
Youth Unemployment Rate 5 4.51 4.77 4.97 5.18 6.62
Labour Costs 108 109 109 109 107 105
Job Vacancies 216629 216860 209830 199218 187195 112869
Wages 29050 28506 29156 28772 29416 29133
Wages in Manufacturing 28981 28628 29569 28758 29638 29373
Minimum Wages 407 418 426 427 378 400
Population 10.57 10.62 10.62 10.62 10.62 10.65
Retirement Age Women 61.8 62 62 62 62 61
Retirement Age Men 63.2 63 63 63 63 63
Labor Force Participation Rate 60 60.01 60.06 60.1 60.06 60.03
Living Wage Family 17900 18171 18142 18112 18083 18039
Living Wage Individual 12600 12241 12107 11973 11839 11910
Part Time Employment 314 317 316 314 311 290
Productivity 124 101 110 122 113 112
Wage Growth 4.2 2.6 2.7 3.87 2.8 2.5
Wages Low Skilled 15200 14098 14195 14291 14388 14074
Wages High Skilled 34400 31652 31993 32334 32675 31627
Employed Persons 5257 5246 5247 5243 5239 5214
Employment Change 0.8 0.26 0.27 0.33 0.22 0.1
Employment Rate 73.3 73.22 73.17 73.12 73.07 72.66
Full Time Employment 4758 4746 4742 4739 4735 4707