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. source: Ministry of Labour and Social Affairs
Unemployment Rate in Czech Republic averaged 5.30 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 October 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.