Czech Republic Unemployment Rate

The unemployment rate in Czech Republic fell to 2.8 percent in November of 2018 from 3.5 percent a year earlier and in line with market expectations. It is the lowest unemployment rate for a November month since 1995. The number of unemployed decreased by 50.46 thousand to 215.010 thousand, the fewest since June 1997. Unemployment Rate in Czech Republic averaged 5.49 percent from 1990 until 2018, reaching an all time high of 9.69 percent in January of 2004 and a record low of 0.09 percent in February of 1990.

Unemployment Rate in Czech Republic is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Czech Republic to stand at 2.50 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-09-10	07:00 AM	Unemployment Rate	3.1%	3.1%	3%	2.7%
2018-10-08	07:00 AM	Unemployment Rate	3%	3.1%	3%	2.6%
2018-11-08	08:00 AM	Unemployment Rate	2.8%	3%	2.9%	2.9%
2018-12-10	08:00 AM	Unemployment Rate	2.8%	2.8%	2.8%	2.7%
2019-01-09	08:00 AM	Unemployment Rate		2.8%		2.4%
2019-02-08	08:00 AM	Unemployment Rate
2019-03-08	08:00 AM	Unemployment Rate

Czech Republic Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.80	2.80	9.69	0.09	percent	[+]
Unemployed Persons	215010.00	215622.00	629274.00	3000.00		[+]
Long Term Unemployment Rate	0.70	0.80	4.50	0.70	percent	[+]
Youth Unemployment Rate	5.20	6.30	21.80	5.00	percent	[+]
Labour Costs	114.67	116.19	119.71	57.46	Index Points	[+]
Job Vacancies	316884.00	316132.00	316884.00	30803.00		[+]
Wages	31516.00	31851.00	31851.00	6001.00	CZK/Month	[+]
Wages in Manufacturing	31057.00	32355.00	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	120.10	107.60	123.50	62.40	Index Points	[+]
Wages High Skilled	35400.00	32200.00	35400.00	29500.00	CZK/Month	[+]
Wage Growth	6.00	6.20	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	[+]

In Czech Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.80	2.80	9.69	0.09	1990 - 2018	percent	Monthly

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Country	Last		Previous	Range
South Africa	27.50	Sep/18	27.2	31.2 : 21.5	%
Spain	14.55	Sep/18	15.28	26.94 : 4.41	%
Brazil	11.70	Oct/18	11.9	13.7 : 6.2	%
Turkey	11.10	Aug/18	10.8	14.8 : 7.3	%
Italy	10.60	Oct/18	10.3	13.1 : 5.8	%
Argentina	9.60	Jun/18	9.1	20.8 : 5.9	%
France	9.10	Sep/18	9.1	10.7 : 7.2	%
Euro Area	8.10	Oct/18	8.1	12.1 : 7.3	%
Saudi Arabia	6.00	Jun/18	6.1	6.3 : 4.35	%
Canada	5.60	Nov/18	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Oct/18	5	11.2 : 4	%
Russia	4.70	Oct/18	4.5	14.1 : 4.5	%
United Kingdom	4.10	Oct/18	4.1	12 : 3.4	%
South Korea	3.90	Oct/18	3.9	7.1 : 3	%
China	3.82	Sep/18	3.83	4.3 : 3.82	%
Netherlands	3.70	Oct/18	3.7	7.9 : 3.6	%
United States	3.70	Nov/18	3.7	10.8 : 2.5	%
India	3.52	Dec/17	3.51	8.3 : 3.41	%
Germany	3.30	Oct/18	3.4	11.5 : 0.4	%
Mexico	3.20	Oct/18	3.6	6.42 : 2.22	%
Switzerland	2.50	Nov/18	2.4	5.7 : 1.5	%
Japan	2.40	Oct/18	2.3	5.5 : 1	%
Singapore	2.10	Sep/18	2	6 : 1.4	%