The unemployment rate in the Czech Republic edged up to 2.7 percent in July 2019 from the previous month's 23-year low of 2.6 percent and in line with market expectations. The number of unemployed increased by 9,397 from a month earlier to 205,120. Unemployment Rate in Czech Republic averaged 5.43 percent from 1990 until 2019, 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.

Unemployment Rate in Czech Republic is expected to be 2.70 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 3.40 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.40 percent in 2020, according to our econometric models.

Czech Republic Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-10 07:00 AM Unemployment Rate Apr 2.7% 3% 2.8% 3.2%
2019-06-10 07:00 AM Unemployment Rate May 2.6% 2.7% 2.6% 2.7%
2019-07-09 07:00 AM Unemployment Rate Jun 2.6% 2.6% 2.6% 3%
2019-08-08 07:00 AM Unemployment Rate Jul 2.7% 2.6% 2.7% 2.9%
2019-09-09 07:00 AM Unemployment Rate Aug 2.7% 2.8%
2019-10-08 07:00 AM Unemployment Rate Sep 2.7%
2019-11-08 08:00 AM Unemployment Rate Oct 2.8%


Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.70 2.60 9.69 0.09 percent [+]
Unemployed Persons 205120.00 195723.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 6.60 7.20 21.80 5.10 percent [+]
Labour Costs 125.92 119.95 125.92 57.46 Index Points [+]
Job Vacancies 346563.00 342510.00 346563.00 30803.00 [+]
Wages 32466.00 33840.00 33840.00 6001.00 CZK/Month [+]
Wages in Manufacturing 31798.00 33512.00 33512.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 468.87 518.97 92.35 EUR/Month [+]
Population 10.61 10.59 10.61 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 60.70 60.50 61.00 58.10 percent [+]
Living Wage Family 20500.00 20900.00 20900.00 17700.00 CZK/Month [+]
Living Wage Individual 15500.00 15700.00 15700.00 12600.00 CZK/Month [+]
Part Time Employment 332.80 327.10 332.80 190.80 Thousand [+]
Productivity 102.30 116.70 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 4.60 4.70 7.40 -3.10 percent [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Employed Persons 5295.93 5305.53 5326.33 4675.90 Thousand [+]
Employment Change 0.40 0.00 1.20 -1.20 percent [+]
Employment Rate 75.00 75.40 75.40 63.70 percent [+]
Full Time Employment 4821.60 4848.70 4848.70 4306.10 Thousand [+]


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. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.60 9.69 0.09 1990 - 2019 percent Monthly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 12.80 May/19
Brazil 12.00 Jun/19
Argentina 10.10 Mar/19
Italy 9.70 Jun/19
France 8.50 Jun/19
Euro Area 7.50 Jun/19
India 6.00 Dec/18
Canada 5.70 Jul/19
Saudi Arabia 5.70 Mar/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jul/19
United Kingdom 3.90 Jun/19
United States 3.70 Jul/19
China 3.61 Jun/19
Mexico 3.60 Jun/19
Netherlands 3.40 Jul/19
Germany 3.10 Jun/19
Japan 2.30 Jun/19
Singapore 2.20 Jun/19
Switzerland 2.10 Jul/19


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