The Czech unemployment rate was unchanged at 4.3 percent in February 2021, remaining the highest since April of 2017 and in line with market expectations. However, the number of unemployed people rose to 311.5 thousand from 308.9 thousand in January, accompanied by an increase in job vacancies to 330.7 thousand from 325.4 thousand in the previous month. The figure has surpassed the number of people who are ready to fill them every month since March 2018. source: Ministry of Labour and Social Affairs
Unemployment Rate in Czech Republic averaged 5.33 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 March of 2021.
Unemployment Rate in Czech Republic is expected to be 5.70 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 4.80 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.80 percent in 2022 and 3.50 percent in 2023, according to our econometric models.