The Czech unemployment rate eased down to 4.2 percent in March 2021, from the near 4-year high of 4.3 percent in the previous month and in line with market expectations. The number of unemployed people fell to 306.6 thousand from 311.5 thousand in February, accompanied by an increase in job vacancies to 338.9 thousand from 330.7 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 5.32 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 April of 2021.
Unemployment Rate in Czech Republic is expected to be 5.50 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 4.50 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.10 percent in 2022 and 3.50 percent in 2023, according to our econometric models.