Czech Republic Unemployment Rate

The unemployment rate in the Czech Republic dropped to 3 percent in March 2019 from 3.2 percent in the previous month and compared with 3.5 percent a year earlier, matching market expectations. It is the lowest jobless rate since last November, as the number of unemployed persons decreased by 14.3 thousand from a month earlier to 227.1 thousand. Unemployment Rate in Czech Republic averaged 5.46 percent from 1990 until 2019, 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 3.00 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 3.20 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.40 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-01-09	08:00 AM	Unemployment Rate	3.1%	2.8%	3.1%	2.40%
2019-02-08	08:00 AM	Unemployment Rate	3.3%	3.1%	3.2%	2.80%
2019-03-08	08:00 AM	Unemployment Rate	3.2%	3.3%	3.2%	2.80%
2019-04-08	07:00 AM	Unemployment Rate	3%	3.2%	3%	3.2%
2019-05-10	07:00 AM	Unemployment Rate		3%		3.2%
2019-06-10	07:00 AM	Unemployment Rate				3%
2019-07-09	07:00 AM	Unemployment Rate				3%

Czech Republic Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.00	3.20	9.69	0.09	percent	[+]
Unemployed Persons	227053.00	241417.00	629274.00	3000.00		[+]
Long Term Unemployment Rate	0.70	0.70	4.50	0.70	percent	[+]
Youth Unemployment Rate	6.00	6.10	21.80	5.10	percent	[+]
Labour Costs	119.95	114.67	119.95	57.46	Index Points	[+]
Job Vacancies	339331.00	333111.00	339331.00	30803.00		[+]
Wages	33840.00	31516.00	33840.00	6001.00	CZK/Month	[+]
Wages in Manufacturing	33512.00	31057.00	33512.00	11827.00	CZK/Month	[+]
Minimum Wages	518.97	468.87	518.97	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	60.70	60.50	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	327.10	324.30	327.10	190.80	Thousand	[+]
Productivity	116.70	120.10	123.50	62.40	Index Points	[+]
Wages High Skilled	35400.00	32200.00	35400.00	29500.00	CZK/Month	[+]
Wage Growth	4.70	6.00	7.40	-3.10	percent	[+]
Wages Low Skilled	15700.00	14600.00	15700.00	13400.00	CZK/Month	[+]
Employed Persons	5326.33	5257.26	5326.33	4675.90	Thousand	[+]
Employment Change	0.00	0.60	1.20	-1.20	percent	[+]
Employment Rate	75.00	74.70	75.00	63.70	percent	[+]
Full Time Employment	4848.70	4831.40	4848.70	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.00	3.20	9.69	0.09	1990 - 2019	percent	Monthly

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Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Turkey	14.70	Jan/19	13.5	14.8 : 7.3	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Brazil	12.40	Feb/19	12	13.7 : 6.2	%
Italy	10.70	Feb/19	10.5	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.80	Feb/19	7.8	12.1 : 7.3	%
Saudi Arabia	6.00	Dec/18	6	6.3 : 4.35	%
Canada	5.80	Mar/19	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Mar/19	4.9	11.2 : 4	%
Russia	4.70	Mar/19	4.9	14.1 : 4.5	%
United Kingdom	3.90	Feb/19	3.9	12 : 3.4	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
South Korea	3.80	Mar/19	3.7	7.1 : 3	%
United States	3.80	Mar/19	3.8	10.8 : 2.5	%
India	3.53	Dec/18	3.52	8.3 : 3.41	%
Netherlands	3.30	Mar/19	3.4	7.9 : 3.3	%
Mexico	3.20	Mar/19	3.3	6.42 : 2.22	%
Germany	3.10	Feb/19	3.2	11.5 : 0.4	%
Switzerland	2.50	Mar/19	2.7	5.7 : 1.5	%
Japan	2.30	Feb/19	2.5	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%