The Czech unemployment rate eased to 3.7 percent in June of 2021 from 3.9 percent in the previous month and was lower than market expectations of 3.8 percent. It was the lowest jobless rate since October of 2020, as many of the country’s unemployed were absorbed by seasonal industries, namely hospitality and services. The number of unemployed fell by 12.5 thousand from the previous month to 273.3 thousand in June, accompanied by a 9.0 thousand increase in job vacancies to 355.6 thousand. source: Ministry of Labour and Social Affairs
Unemployment Rate in Czech Republic averaged 5.31 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 July of 2021.
Unemployment Rate in Czech Republic is expected to be 3.80 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 3.70 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 3.50 percent in 2022, according to our econometric models.