Unemployment Rate in Czech Republic increased to 3.60 percent in May from 3.40 percent in April of 2020.

Unemployment Rate in Czech Republic averaged 5.36 percent from 1990 until 2020, 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 2020.

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 5.70 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.80 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Czech Republic Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 9.69 0.09 1990 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-09 08:00 AM Feb 3.0% 3.1% 3.1% 3.1%
2020-04-08 07:00 AM Mar 3% 3% 3.6% 3.7%
2020-05-04 10:45 AM Apr 3.4% 3% 3.5%
2020-06-05 08:00 AM May 3.6% 3.4% 3.6% 4.2%
2020-07-08 07:00 AM Jun 3.6% 3.8%
2020-08-10 07:00 AM Jul
2020-09-08 07:00 AM Aug
2020-10-08 07:00 AM Sep 4.2%


News Stream
Czech Republic Jobless Rate Climbs to 2-Year High
The unemployment rate in the Czech Republic jumped to 3.4 percent in April 2020 from 3.0 percent in the previous month. That was the highest jobless rate since March 2018 as the number of unemployed increased by 28.4 thousand to 254.0 thousand amid the coronavirus pandemic.
2020-05-04
Czech Jobless Rate Edges Down to 3% in February
The unemployment rate in the Czech Republic dropped to 3.0 percent in February of 2020 from 3.1 percent in the previous month, while markets had expected it to remain steady. The number of unemployed decreased to 227 thousand, the lowest February figure since 1997, from 230 thousand a month earlier. A year ago, the jobless rate was higher at 3.2 percent.
2020-03-09
Czech January Jobless Rate Nears 1-Year High of 3.1%
The unemployment rate in the Czech Republic increased to 3.1 percent in January of 2020 from 2.9 percent in the previous month, and in line with markets estimates. It was the highest jobless rate since February 2019 as the number of unemployed rose to 230 thousand from 216 thousand a month earlier. A year earlier, the jobless rate was higher at 3.3 percent.
2020-02-10
Czech Jobless Rate Hits 9-Month High
The unemployment rate in the Czech Republic increased to 2.9 percent in December of 2019 from 2.6 percent in the previous month, an in line in market expectations. It was the highest jobless rate since last March as the number of unemployed rose to 216 thousand from 197 thousand a month earlier.
2020-01-09

Czech Republic Unemployment Rate
In Czech Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.