The Czech unemployment rate eased to 3.4 percent in October of 2021 from 3.5 percent in the previous month beating market expectations of 3.5 percent. It was the lowest jobless rate since April of 2020, as the number of unemployed fell by 10.5 thousand from the previous month to 251.7 thousand. At the same time, the number of job vacancies decreased by 5.5 thousand to 352.5 thousand. In October of 2020, the unemployment rate was 3.7 percent. source: Ministry of Labour and Social Affairs

Unemployment Rate in Czech Republic averaged 5.29 percent from 1990 until 2021, 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. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Unemployment Rate in Czech Republic is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 3.50 percent in 2022, according to our econometric models.

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Czech Republic Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-05 08:00 AM Sep 3.5% 3.6% 3.6% 3.5%
2021-11-08 09:00 AM Oct 3.4% 3.5% 3.5% 3.4%
2021-12-08 09:00 AM Nov 3.4% 3.3%


Related Last Previous Unit Reference
Unemployment Rate 3.40 3.50 percent Oct/21
Unemployed Persons 251689.00 262142.00 Oct/21
Job Vacancies 352454.00 357911.00 Oct/21

News Stream
Czech Jobless Rate at 18-Month Low
The Czech unemployment rate eased to 3.4 percent in October of 2021 from 3.5 percent in the previous month beating market expectations of 3.5 percent. It was the lowest jobless rate since April of 2020, as the number of unemployed fell by 10.5 thousand from the previous month to 251.7 thousand. At the same time, the number of job vacancies decreased by 5.5 thousand to 352.5 thousand. In October of 2020, the unemployment rate was 3.7 percent.
2021-11-08
Czech Jobless Rate at 17-Month Low
The Czech unemployment rate eased to 3.5 percent in September of 2021 from 3.6 percent in the previous month and was lower than the market expectation of 3.6 percent. It was the lowest jobless rate since April of 2020, as demand for businesses increased in the manufacturing sector. The number of unemployed fell by 5.7 thousand from the previous month to 262.1 thousand in September. Also, the number of job vacancies decreased by 5.2 thousand from August to 357.9 thousand. A year earlier, the unemployment rate was 3.8 percent.
2021-10-05
Czech Jobless Rate at 15-Month Low
The Czech unemployment rate eased to 3.6 percent in August of 2021 from 3.7 percent in the previous month and was lower than market expectation of 3.7 percent. It was the lowest jobless rate since May of 2020, as demand of employers increased in manufacturing and the construction sectors. The number of unemployed fell by 4.3 thousand from the previous month to 267.9 thousand in August, while job vacancies increased by 4.9 thousand to a record high of 363 thousand.
2021-09-06

Czech Republic Unemployment Rate
In Czech Republic, the unemployment rate shows the share of unemployed people between the ages of 15 and 64 immediately able to start work versus all working people in the same demographic group.