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.

Czech Republic Unemployment Rate
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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 [+]


Czech Republic Unemployment Rate

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




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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